ADVERTISEMENT

TCS Shares Fall For Fourth Straight Day; Infosys, Wipro Also Hit

TCS Shares Fall For Fourth Straight Day; Infosys, Wipro Also Hit
TCS shares fell for the fourth straight day after amid concerns over the impact of Brexit on the Indian outsourcing companies.  TCS fell as much as 1.5 per cent today to Rs 2,458.4, extending its losses to 8 per cent in four days.  Global brokerage Bank of America Merrill Lynch has downgraded TCS to "underperform" from "buy", citing the Indian outsourcer's exposure to the financial services sector in the European Union.  Bank of A...
Register for Free
to continue reading
OUR NEWSLETTERS
By signing up you agree to the Terms & Conditions of NDTV Profit