TCS is currently trading at Rs. 1428.10, up by 40.85 points or 2.94% from its previous closing of Rs. 1387.50 on the BSE.
The scrip opened at Rs. 1383.55 and has touched a high and low of Rs. 1436.00 and Rs. 1383.55 respectively. So far 4, 40,000 shares were traded on the counter.
TCS is currently trading at Rs. 1428.10, up by 40.85 points or 2.94% from its previous closing of Rs. 1387.50 on the BSE.
The scrip opened at Rs. 1383.55 and has touched a high and low of Rs. 1436.00 and Rs. 1383.55 respectively. So far 4, 40,000 shares were traded on the counter.
Mario Draghi, chief, ECB, dismissed the talk of currency war but said he is watching the euro. Speaking at the European Parliament, he said that he expected the eurozone economy to recover this year although downside risks remain. He also warned that exchange rate is important for growth and stability.
The euro remained unchanged above 1.33 to the dollar. The dollar index held above 80.50 levels. The yen continued to remain under pressure....
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There were quite a few triggers yesterday. First, the inflation numbers sort of cemented hopes of an interest rate cut from the Reserve Bank of India (RBI) on the January 29. Now, it is no longer a discussion on the street on whether it will move. What is being discussed is whether it will be 25 bps or 50 bps. So, I think that's one part of the story, though the consumer price index (CPI) numbers were not very encouraging and GAAR, was anyway always going to happen...
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India Indices- As we saw today Nifty opened in down trend and in the whole day we saw up and down movement in nifty indices and more bearishness in nifty indices. At the end of the day Nifty future contract expiring on 26Dec2013 loosed -0.35% to close at 6176.25 with a premium 21.55 pts and percent I change in open interest is 4.82%.