Bharat Express

TCS

Indian stock markets tumbled over 1% on Monday, weighed down by mixed global cues and domestic challenges.

By 9:29 am, the Sensex had dropped 233.24 points or 0.29 per cent to 79,710.47. Meanwhile, the Nifty declined by 56.75 points or 0.23 per cent, trading at 24,131.90.

Reliance Industries Limited (RIL), India’s largest company by market capitalisation, has seen its stock fall by 23 per cent from its peak in July.

The Sensex closed at 77,330.01, falling 241.30 points or 0.31%. Nifty ended at 23,453.80, down by 78.90 points or 0.34%. Despite the overall decline, the Nifty Bank index rose by 184.25 points or 0.37%, closing at 50,363.80

At closing, Sensex fell by 230 points, or 0.28%, closing at 81,381. Nifty dropped 34 points, or 0.14%, to 24,964

Indian frontline equity indices are trading near record highs, buoyed by gains in heavyweight IT stocks such as Wipro.

The benchmark Nifty index on the National Stock Exchange (NSE) continued its upward trajectory on Monday, reaching 25,000 mid-session. This marks the eighth consecutive session of gains for the Nifty. As of 1:10 PM, the Nifty stood at 25,025, up by 201 points or 0.81 percent. The Sensex also saw a rise of 671 points …

In FY24, Tata Consultancy Services (TCS), India's foremost IT firm, experienced a decline in hiring activities. The company's workforce saw a reduction of 1,759 employees, coupled with a 12.5% attrition rate.

In Asian markets, Tokyo and Shanghai were trading higher, while Hong Kong traded down

The first quarter of the fiscal year 2024 (April to June 2023) witnessed a net addition of 523 people at Tata Consultancy Services (TCS).