1 / 5Cautious commentary from TCS, earnings miss estimates | The TCS management said the sentiment weakened in February and March and discretionary projects were put on hold. Its growth has slowed down for a third quarter in a row. CLSA said near-term uncertainties may weigh on the stock.
2 / 5Global markets subdued | US markets ended Wednesday's trading session with marginal losses. Dow Jones was down 38 points, whereas S&P 500 was down 0.4 percent.
3 / 5CPI inflation | India CPI inflation fell to a 15-month low of 5.7 percent in March. Experts believe that it is unlikely the Reserve Bank of India (RBI) will hike repo rate in June.
4 / 5Large institutional buying continues | Foreign institutional investors (FII) bought Rs 1,907 crore in cash yesterday, which was its largest single day buy figure from FIIs since March 8.
5 / 5Infosys earnings today | A CNBC-TV18 poll for Infosys' Q4 earnings, has estimated constant currency growth of just 0.4 percent, slowest revenue growth since the first quarter of FY21. Weak commentary from TCS could keep tech stocks under pressure.
