TCS skyrockets | SENSEX, NIFTY closes in green

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Well the news for today coming from Dalal street is good as Indian Stock indices like Bombay Stock Exchange's SENSEX and National Stock Exchange's NIFTY closed up. However Stock price of country'e largest IT exporter Tata Consultancy Services closed up by 1.7 percent as it recorded a whopping 30 percent increase in profit, thus easily surpassing it's nearest rival INFOSYS and showing that it is less dependant on US, which is bread and butter provider for INFY and has not come out of downturn still.

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The Quarterly result of TCS is as follows:
Operational Income rose to Rs 9,663.35 crore, up by nearly 27 percent. The company added 20k employees(again surpassing Infosys). Whats important is that company has decleared divident of 200 percent.

Coming to stock markets today, NSE's broader index Nifty ended at 5654.75, up just a 0.20 points. The index touched a high of 5696.15 in intraday trading. The 30 component benchmark index SENSEX closed up by 21.81 points today at 18882.25, The index touched a low of 18779.38 during trading hours today.

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Sectorwise updates of BSE for today:
BSE Realty Index closed down by 2.37 percent, BSE Metal Index fell 1.32 percent and BSE Capital Goods Index also declined by 1.17 percen whereas BSE IT Index was up 1.73 percent because of TCS, BSE Bankex moved 0.23 per cent higher and BSE FMCG Index also moved 0.16 percent in green.
HAPPY TRADING