Shares of five IT firms led gainers on Sensex, Infosys gained 7.80 per cent, followed by Tech Mahindra Ltd (TechM), Wipro and TCS that gained 4.2 per cent, 4.07 per cent and 3.98 per cent respectively.
Reliance Industries Ltd, ICICI Bank Ltd, Infosys Ltd, HDFC Bank Ltd and Tata Consultancy Ltd may account for $809 million inflows. This is against a potential flow of $3.7-$3.8 billion in 2024.
TCS Share Price Graph And News (Tata Consultancy Services) stockmaniacs.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from stockmaniacs.net Daily Mail and Mail on Sunday newspapers.
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BENGALURU Indian shares edged higher on Wednesday, led by gains in information technology stocks and on positive global cues after U.S. Treasury Secretary nominee Janet Yellen advocated for a huge fiscal relief package in the United States.
The blue-chip NSE Nifty 50 index rose 0.4% to 14,574 and the benchmark S&P BSE Sensex was up 0.3% at 49,544.75 by 0450 GMT. The Nifty and Sensex rose 1.7% on Tuesday.
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At her confirmation hearing on Tuesday, Yellen urged U.S. lawmakers to “act big” on the next coronavirus relief package.