In late morning trade, the stock dived 1.62 per cent to Rs 3,551.25 apiece on the NSE. On the BSE, TCS shares declined by 1.6 per cent to Rs 3,552.60 per piece, emerging as the biggest loser among Sensex shares.
We would like to inform you that at the board meeting held today (Wednesday), the directors have declared a second interim dividend of Rs 9 per equity share of Rs 1 each of the company, according to a statement from TCS.
Stocks to watch today: Indian Stock Market is likely to trade in a broader range with positive bias given strong domestic factors, though persistent FII selling and poor monsoon is a worry. Further concern over slowing global economy and interest rate hikes could keep weighing on the market and bring in intermittent profit booking. SBI, Zensar Technologies, Tata Consumer Products, Birla Corporation among stocks to watch on Thursday (September 7).
G20 Summit 2023: Leaders from the most powerful nations in the world will flock to New Delhi for the G20 Leaders Summit to be held on September 9-10. Watch this Visual Story to see the likely impact on Indian stock market, and stock to watch after the Summit, and more.