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tcs stock target: Stock Radar: TCS breaks out from 2-year consolidation; likely to hit fresh record high

The largecap IT stock, also part of the S&P BSE Sensex index, witnessed a breakout in February 2023 from the earlier high of Rs 4,045 recorded in January 2022. It hit a record high of Rs 4,045 on January 18, 2022, but failed to hold the momentum. It later witnessed a price-wise correction, which took the stock towards 2,900 levels in September 2022 before bouncing back.

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Can Indian IT firms replicate the FY07-15 boom? Here's how Wipro, TCS, Infosys and others are likely to perform

Indian IT companies have seen an upward trend in the last three months, particularly in December, following the Federal Reserve's December 2023 release, which hints at the possibility of three rate cuts in the calendar year 2024, implying a reversal in the rate cycle.

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Tata Consultancy Services issues final warning to employees working from home, says report

The IT behemoth has granted an extension until the upcoming month, they have emphasized that this extension will be the last, and any failure to adhere to the directive will result in significant repercussions.

India , Nirmala-sitharaman , Milind-lakkad , Infosys , Tata-steel , Operating-officer , Mankind-pharma , Finance-minister-nirmala-sitharaman , Tcs , Tata-consultancy-services , Tcs-work-from-office-news , Tcs-work-from-home

tcs shares: TCS shares rally over 4% to cross market cap of Rs 15 lakh crore for first time

Tata Consultancy Services (TCS) shares surged 4% to an all-time high of Rs 4,135.9 on BSE as it won a multi-year deal from Europ Assistance. The deal involves TCS helping Europ Assistance reimagine its global IT operating model. The partnership will focus on co-innovation using generative AI and other advanced technologies. TCS will leverage its proprietary solution, ignio AIOps, to enhance operational resilience and business agility for Europ Assistance. The company's market cap also crossed Rs 15 lakh crore for the first time in today's trade.

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TCS share price today: IT giant stock rallies 4%; market cap crosses Rs 15 lakh crore for the first time

India Business News: Tata Consultancy Services (TCS) witnessed a surge in its shares, reaching an all-time high of Rs 4,135.9 on Tuesday's trade on BSE. The surge can be a

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Magic of Tatas! India's largest conglomerate crosses Rs 30 lakh-crore milestone

TCS ended 4% higher on Tuesday as its market value crossed the Rs 15 lakh crore milestone for the first time. Both Tata Motors as well as Tata Steel are near their 52-week peaks, while another Nifty stock Titan is up 23% in 6 months.

Tata-elxsi , Hathway-bhawani-cabletel , Rakesh-jhunjhunwala , Tata-power-company , Tata-steel , Tata-investment-corporation , Tata-motors , Den-networks , Tata-communications , Mr-chandra-tata-group-chairpersonn-chandrasekaran , Indian-hotels , Jio-financial-service-rs

IT stocks at inflection point? Both FIIs, mutual funds up stake in Q3

FIIs and mutual funds increase their shareholding in IT stocks as growth momentum may bottom out, leading to a return to growth in CY24. MF holding in Tech Mahindra rises to 14.24% in Q4. FIIs and MFs raise stake in Wipro. FIIs show faith in HCL Technologies and LTI Mindtree. MFs pare stake in Infosys, while FII ownership increases. TCS sees no change in shareholding. BNP Paribas says revenue and margin of top IT companies exceed expectations. Companies' guidance and positive tilt indicate a recovery. Nifty IT index rallies in November, December, and January. BNP Paribas picks Infosys, TCS, and HCL Tech as preferred picks.

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Nifty IT shining: Pick these 2 tech stocks for healthy returns

The Nifty has just broken out from the flag pattern, and may further accelerate towards 22,118 levels. As long as it is above 21,580, buying on dips can be a prudent strategy.

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