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Sensex, Nifty erase gains after testing record highs; IT stocks decline

With the government and several cabinet ministers sworn in, all eyes will now be on portfolio allocation -- who gets to head which ministry.

IT spending getting staggered and not coming down, says TCS Chairman N Chandrasekaran

Chandrasekaran said even as the world is going through uncertain times, technology spends for all corporations globally will only increase

AI will result in higher productivity and job losses; need to reskill people to prepare them: N Chandrasekaran

&quot;We have to actively embrace it to reskill people and prepare them to embrace the change,&quot; TCS Chairman N Chandrasekaran said

Mid-day Mood | Sensex, Nifty off day's high; broader markets under selling pressure; VIX down 5%

The broader market saw selling pressure, with the BSE Midcap and BSE Smallcap indices falling 0.6 percent and 0.3 percent, respectively.

Chartist Talks: Milan Vaishnav believes these 2 largecaps are in a structural uptrend, should be in portfolio

Vaishnav said he would prefer stocks with improving relative strength and low beta and believes Lupin and Tata Consultancy Services fit the bill.

Chartist Talks: Bearish signal to turn strong if Nifty breaks down April lows, says Jatin Gedia

FMCG and IT sector stocks are bouncing from long term support of their respective 200-day moving averages.

Trade Spotlight | How to deal in Hindustan Unilever, Dabur India, TCS today

Dabur India formed strong bullish candlestick pattern on the daily timeframe with significantly higher volumes. Now, the stock traded well above all key moving averages, which is a positive sign.

Cognizant Q1 revenue falls over 1% due to weak discretionary spending

The company also saw its headcount decrease by 3,300 sequentially and 7,100 YoY, ending with 344,400 employees in Q1.

Buy Tata Consultancy Services; target of Rs 4344: Geojit Financial Services

Geojit Financial Services is bullish on Tata Consultancy Services has recommended buy rating on the stock with a target price of Rs 4344 in its research report dated April 24, 2024.

How generative AI deals stack up for Accenture, TCS, Infosys, Wipro

With Accenture reporting $1.1 billion in revenue from generative AI and TCS seeing a $900-million deal pipeline, Infosys and Wipro settled for seeing strong traction in generative AI deals in Q4.

Tata Consultancy Services Ltd. is an information technology services, consulting, and business solutions organization. The firm offers a consulting-led, cognitive powered, portfolio of business, technology, and engineering services and solutions. It operates through the following segments: Banking, Financial Services, and Insurance; Manufacturing; Retail and Consumer Business; Communication; Media and Technology; and Others, such as energy, resources and utilities, life sciences and healthcare, s-governance, and products. The company was founded in April 1968 and is headquartered in Mumbai, India.

Volume	3.55M
52-Wk High	4,422.45
52-Wk Low	3,295.73

TCS.NSE Tata Consultancy Services

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