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IT stocks barring Wipro fall up to 4% on renewed AI fears; Here are some recent developments
The Nifty IT index has gained 9% so far this month, with Midcap IT outperforming its largecap peers. Shares of Mphasis, LTIMindtree, Coforge, and Persistent Systems have gained between 12% to 16%, while largecap names like TCS, HCLTech and Wipro have gained between 9% to 10% so far in April.
Sensex Today | Stock Market LIVE Updates: 24,000 remains a Nifty barrier; TCS, IT stocks in focus
Sensex Today | Stock Market LIVE Updates: The spotlight today will be on IT stocks after the TCS results. US-listed shares of Infosys and Wipro had a muted reaction to the numbers.Wipro will also be in focus on the news of its buyback. The other headwind for IT stocks today is the sell-off in SaaS names on Wall Street overnight.
Stocks in news: RIL, TCS, IDFC First Bank, BPCL, SpiceJet
Indian equity markets saw profit booking on April 9, ending a five-day rally. Several companies like RIL, TCS, and IDFC First Bank are in focus due to news and Q4 results. Granules India faces US regulator scrutiny, while SpiceJet is ordered to pay $8 million to an engine lessor.
Stocks to Watch for April 10: TCS, Wipro, HDFC Life and more
From Tata Consultancy Services reporting its Q4 FY26 results to Wipro Ltd announcing a potential share buyback, here are the key stocks to watch ahead of Friday’s trading session.
TCS logs first annual revenue decline since listing despite Q4 recovery
On Thursday, TCS reported a 0.5% decline in full-year revenue in dollar terms to $30.08 billion, alongside a 3.5% rise in net profit. In the fourth quarter, revenue grew 1.5% sequentially to $7.62 billion, indicating a mild pickup in momentum toward the end of the year.
TCS extends multi-year technology partnership with Marks & Spencer
Shares of Tata Consultancy Services Ltd ended at ₹2,587.75, up by ₹27.95, or 1.09%, on the BSE.
Trade Setup for April 10: TCS, IT stocks to decide next Nifty move
The Nifty is expected to find support around 23,500 before attempting a rebound, while 24,000 continues to be a key resistance level.
TCS picks up 20-acre land in Kolkata’s New Town through 99-year lease
The West Bengal Housing Infrastructure Development Corporation (WBHIDCO), the state-run nodal agency responsible for developing New Town as a planned urban and technology hub, has allotted the land to the information technology services company.
TCS going all-in on AI as $2.3 billion revenue takes shape. 5 takeaways from Q4 results
Tata Consultancy Services signalled a decisive shift by positioning AI as a core growth engine rather than an experimental bet. With annualised AI revenue crossing $2.3 billion, strong deal wins, expanding margins and a rapidly upskilled workforce, the company underscored that enterprise AI adoption is now driving meaningful business momentum.
TCS clocks PAT of Rs 13,718 crore in Q4; board OKs dividend of Rs 31/share for FY26
Tata Consultancy Services (TCS) reported a 2.08% rise in consolidated net profit to Rs 13,718 crore on 5.38% increase in revenue from operations to Rs 70,698 crore in Q4 FY26 as compared with Q3 FY26.
TCS Q4 Results Highlights: Rupee revenue growth the highest in 30 quarters; CC growth beats
TCS Q4 Results Highlights: Tata Consultancy Services Ltd. (TCS), the Tata Group giant, reported its results for the March quarter after market closing hours on Thursday, April 9. The results were largely in-line with expectations. Revenue in US Dollar terms stood at $7,621 million, which was in-line with expectations. The other parameters such as rupee revenue, EBIT and EBIT margins were either in-line or marginally higher than street expectations. Stay tuned for all the LIVE updates.
Here's a TCS stat that did not happen even during the Covid-19 year
For the first time in its history, TCS reported a decline in its US Dollar revenue growth for the full financial year. Revenue in US Dollar terms declined 0.5% in financial year 2026, compared to a 3.8% growth in financial year 2025 and 4.1% in financial year 2024.