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TCS will announce Q2 results and consider a second interim dividend on October 9, with October 15 as record date. Shares slipped 3% amid Trump’s $100,000 H-1B visa fee shock, pressuring IT stocks.
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Wall Street’s main indexes opened lower on Monday after rallying to record highs in the previous session, while uncertainty around President Donald Trump’s visa policies also dimmed sentiment.
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The US Fed’s first 25 bps rate cut of 2025 signals the start of an easing cycle, though modest in impact. Experts see limited near-term FPI inflows, muted market reactions, and sector-specific gains in IT, pharma, defensives, and housing. Investors are advised to adopt a selective, buy-on-dips strategy.
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Warren Buffett’s Berkshire Hathaway has fully exited its 17-year investment in Chinese EV giant BYD, a $230 million bet by Charlie Munger that grew nearly 3,890%, once worth $9 billion. Berkshire cited shifting priorities and geopolitical concerns.
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The company’s year-on-year revenue from non-payment services surged as it continues diversifying offerings ahead of a reported public listing.
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