Tue, Feb 20, 2024 9:47 AM
ZEEL, Sony in last-ditch talks to revive $10 billion merger, $300 million.
A Flip by Avya Verma
TCS Q3 results: India’s largest IT firm, Tata Consultancy Services Ltd, announced their October to December quarter results on Thursday, Janaury 9. The company announced a 12 per cent rise in net profit to ₹12,380 crore. Tata Consultancy Services Ltd shares closed 1.72 per cent lower at ₹4,036.65 after Thursday’s market session, compared to ₹4,107.50 at the previous market close.
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📢Sensex declines 528 points at the close; Nifty ends above 23,500 📈 Domestic benchmark indices closed on a negative note on 9 January 2025. 📢 At 3:30 PM, the Sensex tanked by 528.28 points or 0.68% at 77,600, and the Nifty was down 162.45 points or 0.69% at 23,526.50. 📊Among sectoral, Nifty FMCG (⬆️0.93%) turned out to be the best performer while Nifty Energy (⬇️2.03%) saw considerable selling
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CLSA reaffirmed Bharti Airtel as its top pick in India’s telecom sector while highlighting growth opportunities for Indus Towers, Tata Communications, Bharti Hexacom, Sterlite Technologies, and Vodafone Idea. Bharti Airtel remains the star performer, supported by its strong market position, premium subscriber base, and strategic 5G rollout.
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