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Indian stock markets are showing strength despite global tensions. Technical analysts see a positive market structure and potential stock gains. Nifty faces resistance at 24,000 but has strong support at 22,800. Vedanta and NTPC Green are highlighted as potential investments. The IT sector may have priced in negative news, with Infosys seen as an attractive buy before TCS results.
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Just when investors began to breathe easy on hopes that a two-week ceasefire would cool oil prices, markets were jolted back to reality, with crude once again hovering near the $100 mark.
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An IT services major Wipro announced it will consider a share buyback alongside its Q4 results on April 16. This move follows a significant stock price decline and investor concerns about cash return versus AI investments.
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TCS Dividend News: Tata Consultancy Services declared a final dividend of Rs 31 per share for the financial year ending March 31, 2026. The IT giant reported a 12% year-on-year growth in its consolidated net profit for the March quarter. Revenue also saw a 10% year-on-year increase. The company’s operating margin reached its highest in four years.
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TCS Q4 Results 2026: Tata Consultancy Services announced a 12% year-on-year increase in its consolidated net profit, reaching Rs 13,718 crore for the fourth quarter. The IT services giant also reported a 10% YoY revenue growth to Rs 70,698 crore, bolstered by three mega deals worth $12 billion. The company declared a final dividend of Rs 31 per share.
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