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Latest InfoTech News, IT, Information Technology News | The HinduBusinessLine

Google debuts standalone Gemini App for Apple’s MacOS India’s electronics imports cross $116 billion in FY26, exports trail Labour Ministry to look into POSH compliance by IT services firms, says employees union Is TCS harassment case tip of the iceberg? Entry-level smartphones get costlier as memory shortage persists Indians most nervous about AI despite highest skill penetration EdgeCortix secures Axiro, MPower investment to accelerate AI chip innovation Infosys partners Carlos Alcaraz as global brand ambassador Wipro buys select Alpha Net Group contracts for $70.8 Mn AMS expands Pune GCC, strengthens India’s role in global talent operations Memory chip crunch and Iran war lead phone market decline, IDC says UST, Evaaya jointly launch UST Nimbus to help empower GCCs with new capabilities No layoffs, says Zoho: 300 mentioned in social media post were interns Nvidia’s New AI models spark rally in quantum computing stocks OpenAI unveils GPT-5.4-Cyber a week after rival's announcement of AI model IMF urges nations to stay at frontier of mounting AI risks How your CCTV becomes a hacker’s spy Vehant Technologies eyes 20% topline from export in 3 years Cabinet Secretary emphasizes AI development and civil-military cooperation Amazon to acquire Globalstar for $11.57 billion to boost satellite internet Kaar Tech eyes data analytics acquisition as it positions itself as an AI-led enterprise OS enabler India’s quantum mission to complete 2,000 km network by 2027 Andhra Pradesh launches India’s first quantum reference facility in Amaravati Wegovy-maker Novo Nordisk partners with OpenAI to fasten drug development SPNI acquires TV and digital rights for Indian Football League Qlik partners with ServiceNow to enhance AI-driven enterprise workflows Anthropic hires Trump-linked lobbying firm Ballard Partners OpenAI's $852 billion valuation faces investor scrutiny amid strategy shift Sify data centre arm IPO on track and will be timed with market conditions, says CFO Tata Group asks TCS COO to investigate Nashik sexual harassment case BALCO deploys AI humanoid agent for real-time training, operations and safety India’s data centre market size to cross $22 billion by 2030: report TCS Nashik case: court extends custody of HR manager till April 15 TCS Nashik case: Chandrasekaran calls allegations anguishing, probe underway APAC emerges as growth engine amid data sovereignty push: IBM’s Hans Dekkers VR Global Media to invest $250 million to expand operations Q4FY26 preview: Muted quarter likely for Wipro as margins contract, growth stays tepid West Asia war spills over to cyberspace: Emails spoofed, cameras hacked Acquisitions central to VDart Digital’s growth roadmap TCS suspends several Nashik personnel accused of sexual assault and coercion TCS makes only 25k fresher offers this fiscal, more hires dependent on demand scenario: Official Women's participation in flexi IT roles reaches 40% in FY26: Report No impact of Iran war on India business, says Salesforce’s Arundhati Bhattacharya India’s talent glut deepens; applications per tech role jump up to 2x post layoffs Big Tech puts financial heft behind next-gen nuclear power as AI demand surges Q4 Results Highlights: TCS shares down after Q4 results, Anand Rathi & GM Breweries flat, Agri-Tech, Eco Hotels and Resorts, Vashu Bhagnani Industries to announce Q4 results Detroit Engineered Products launches new AI-based platform for product development TCS Q4 Results: Net profit grows 12% to ₹13,784 crore Indium eyes 25-28% growth in FY27 Social media ban for children: AP to work regulatory framework MeiTY weighing harms of social media use by children amid growing concerns Nasscom Foundation names UB Pravin Rao as new Chairperson Blockchain For Impact launches $50-m innovation platform for medtech ecosystem AP CM to launch India’s first indigenous Quantum computers testing facility in Amaravati on April 14 TCS Q4 results preview: Margins to remain flat Equinix launches IBX Data Centre in Mumbai Meta unveils Muse Spark AI model to compete in superintelligence race Greece to ban social media for under-15s from 2027 Stripe appoints Manish Maheshwari to lead revenue, growth in India Uttar Pradesh’s data centre parks to attract ₹2 lakh crore investment: Official India tech ranks 4th globally with $11.7 billion in funding: Tracxn report Gartner forecasts worldwide semicon revenue to exceed $1.3 trillion in 2026 Vodafone Idea launches 5G services in Chennai Onix expands Google Cloud collaboration to accelerate enterprise AI and data transformation Bengaluru-based lab claims India’s ‘DeepSeek’ breakthrough Cyient Semiconductors acquires 74% stake in Kinetic Technologies for $85 million IT salaries set to fall in 2026 on AI shift, global volatility: Deloitte UST acquires Intecrowd, leading Workday Partner TRAI proposes mobile plans at lower prices offering only call, sms services AI, creators and quick commerce to power India’s ecommerce growth to $250 billion by 2030 Intel elevates Santhosh Viswanathan to lead APJ region WhatsApp tests out SIM-binding norms for limited users Mid-tier IT to outpace large peers again in Q4 driven by deal momentum, vertical demand Government extends reassessment of Voda-Idea’s AGR dues to June Quest Global acquires India-based BITSILICA to strengthen semiconductor portfolio Apple's foldable iPhone faces engineering snags, potential shipment delays, Nikkei Asia reports Kaizen Analytix banks on acquisitions for next phase of growth Asia Pacific youth is invested in secure internet governance: Samiran Gupta India's digital payments account for 93% of payment value in 9MFY26: Report Anthropic revenue tops $30 billion as Claude AI demand surges OpenAI, Anthropic, Google unite to combat model copying in China Broadcom signs long-term deal to develop Google’s custom AI chips Wipro bags $1 b Olam deal, buys IT arm Mindsprint for $375 m TRAI releases consultation paper on regulatory framework for FAST channels Google’s biggest data centre outside US: Construction to start on April 28 in Andhra Pradesh The Hindu Group, SRMIST inaugurate two-day Deep Tech Summit 2026 ISM 2.0 likely to go live by May-end; focus on end-to end semiconductor ecosystem TRAI proposes framework for app-based TV distribution, seeks stakeholder feedbacks CriticalRiver in pact with Anthropic for enterprise Claude rollout Coforge elevates Sunil Fernandes to Chief Operating Officer IT firms face subdued fourth quarter as war, AI concerns persist; weak rupee helps earnings GCCs leasing in India hit a record high of 9.1 million sq ft, in Jan-Mar 2026: CBRE report says How AI is driving advertising, engagement revenue: Amazon MX Player Wipro shares rise on $1 Bn Olam deal, Mindsprint acquisition Startups lead AI adoption, enterprises catching up: Microsoft’s Jason Graefe Gulf crisis diverts 200-500 MW data centre capacity demand towards India TV industry bracing for decline in sales on rising production costs amid West Asia crisis Foxconn first-quarter revenue jumps, company cautions on geopolitics Britain woos Anthropic expansion after US defence clash, FT says SaaS startups break sector silos in CTO hiring as role evolves into ‘architect of scale’
TCS Q4 Results Highlights: IT bellwether Q4 PAT up 12% y-o-y; FY26 profit sees marginal growth
2026-04-09 · via Latest InfoTech News, IT, Information Technology News | The HinduBusinessLine
SENSEX   76,631.65

 -931.25

NIFTY   23,775.10

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CRUDEOIL   8,966.00

+ 105.00

GOLD   153,449.00

+ 1,673.00

SILVER   244,049.00

+ 4,131.00

SENSEX   76,631.65

 -931.25

NIFTY   23,775.10

 -222.25

NIFTY   23,775.10

 -222.25

CRUDEOIL   8,966.00

+ 105.00

CRUDEOIL   8,966.00

+ 105.00

GOLD   153,449.00

+ 1,673.00

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TCS Q4 results today highlights: Follow our updates. Along with TCS, Anand Rathi Wealth and GM Breweries will also annnounce Q4FY26 results today.

FILE PHOTO: Figurines with computers and smartphones are seen in front of TCS: Tata Consultancy Services logo in this illustration taken, February 19, 2024. REUTERS/Dado Ruvic/Illustration/File Photo

FILE PHOTO: Figurines with computers and smartphones are seen in front of TCS: Tata Consultancy Services logo in this illustration taken, February 19, 2024. REUTERS/Dado Ruvic/Illustration/File Photo | Photo Credit: Dado Ruvic

TCS Q4 results today updates: Tata Consultancy Services will be the first major company to declare its Q4 results today, effectively kicking off the earnings season for the IT sector. With shares trading largely flat ahead of the announcement, investors remain cautious amid expectations of a subdued quarter and muted growth. The company’s performance and commentary will be closely tracked for signals on demand trends, AI-led disruption, and global macro pressures, setting the broader direction for IT companies in the quarters ahead.

Along with TCS, several companies are set to announce their Q4FY26 results today, including Anand Rathi Wealth, GM Breweries, PAE Ltd and Rajputana Stainless (Q3FY26). 

Catch live updates on the stock, Q4 numbers and more here.

TCS Q4 results live today: Q4 profit up, Dividend update

Tata Consultancy Services posted consolidated net profit after tax for the quarter ended March 2026 at Rs 13,784 crore, up 12% y-o-y from Rs 12,293 crore in the same quarter last year.

In FY26, the profit was up 1.3% y-o-y to Rs 49,454 crore from Rs 48,797 crore in FY25

Board recommended final dividend of Rs 31 per share.

Q4 RESULTS LIVE TODAY: KEY RESULTS TO WATCH

  • Tata Consultancy Services kicks off IT sector’s Q4 earnings, meets estimate
  • GM Breweries Q4 profit down 10.5%; dividend of ₹9 declared, stock slips 1%
  • Anand Rathi Wealth: Profit jumps y-o-y; board announces ₹7 dividend and 1:1 bonus issue

FILTERS UPDATES

  • April 9, 2026 17:43

    (This live blog is now closed)

  • April 9, 2026 16:39

    TCS Q4 results: Net profit grows 12% to ₹13,784 crore

    Tata Consultancy Services (TCS) net profit grew 12 per cent to ₹13,784 crore for the fourth quarter of the financial year 2025-26, led by revenue growth and larger order bookings. Net profit increased by 28.5 per cent on a sequential basis.

    TCS Q4 Results: Net profit grows 12% to ₹13,784 crore

    TCS exceeds fourth-quarter revenue expectations, driven by strong performance in banking and consumer segments.

  • April 9, 2026 16:19

    TCS Q4 results live: TCS beats fourth-quarter revenue view

    India’s top ‌software services exporter Tata ⁠Consultancy Services reported larger-than-expected fourth-quarter ‌revenue on ‌Thursday, ‌helped by ⁠strength in ⁠its banking and consumer segments.

    Consolidated ‌sales for the March quarter ‌rose 9.7% to 706.98 billion rupees ($7.63 ⁠billion), beating analysts’ ‌average estimate of 694.94 billion rupees, according ‌to data compiled by LSEG.

    ( Reuters)

  • April 9, 2026 16:16

    TCS Q4 results live today: Shares closed positive by 1% ahead of results at Rs 2,589. Results out post-market hours. scroll above for more

  • April 9, 2026 16:15

    TCS Q4 results live today: Samir Seksaria, Chief Financial Officer, TCS, shares

    “In FY26, we intensified investments through our Build–PartnerAcquire approach, by acquiring Coastal Cloud & List Engage and establishing HyperVault. Even as we scaled our investments in AI‑led growth opportunities, our margins expanded by 70 basis points, reflecting our strong operational rigor. Our solid cash flow and resilient balance sheet position us to advance strategic priorities, pursue timely investments, and maximize growth.

    Samir Seksaria, Chief Financial Officer, TCS 

  • April 9, 2026 16:14

    TCS Q4 results live: Aarthi Subramanian, Executive Director - President and Chief Operating Officer, TCS, shares

    “FY26 marked a pivotal year for enterprise AI adoption. In Q4, our annualized AI revenues surpassed $2.3 billion, driven by the accelerated deployment of AI solutions. We experienced strong deal momentum across new services in Enterprise Transformation, Digital Engineering, and Cloud Modernization. Our investment in HyperVault was a catalyst in forging strategic partnerships with OpenAI, AMD and ABB, further strengthening our positioning across Infrastructure-to-Intelligence.” 

    - Aarthi Subramanian, Executive Director - President and Chief Operating Officer,, TCS

  • April 9, 2026 16:14

    TCS Q4 results live: K Krithivasan, Chief Executive Officer and Managing Director, TCS, says

    “We are pleased to report the third consecutive quarter of sequential growth, supported by three mega deals and a $12 billion TCV, underscoring the strength of our five pillar strategy and our AI led positioning across services. It is equally encouraging that this momentum was broad based across major markets and most industries. While the macro-economic headwinds continue, we see sustained customer conviction in technology investments, which positions us well for the opportunities ahead.” 

    - K Krithivasan, Chief Executive Officer and Managing Director

  • April 9, 2026 16:13

    TCS Q4 results live: KEY HIGHLIGHTS

    Healthy client addition across revenue bands: 

    o $100M+ up by 2 YoY, number of clients increased to 66; 

    o $50M+ up by 9 YoY, number of clients increased to 139; 

    o $1M+ up by 65 YoY, number of clients increased to 1,397 

  • April 9, 2026 16:11

    TCS Q4 results live today: Key highlights

    • 4QFY26 Revenue ₹70,698 crore, Growth +5.4% QoQ; +1.2% QoQ in CC

    • FY 26 Revenue ₹267,021 crore, Growth +4.6% YoY, -2.4% in CC

    • Annualized AI Revenue crosses US$ 2.3 billion in Q4FY26

    • FY26 Operating Margin* at 25%; up 70 basis points YoY – highest operating margin in last 4 years 

    • FY26 Net Margin* at 19.8%; up 80 basis points YoY – highest net margin in last 4 years

    • Strong TCV performance at $40.7 billion for FY26 and at $12 billion for Q4, among the highest TCV ever; with 3 mega deals for the quarter and 5 mega deals for the year 

  • April 9, 2026 15:58

    TCS Q4 results live today: Dividend update

    Board recommended final dividend of Rs 31 per share.

  • April 9, 2026 15:42

    Stock market live updates, TCS Q4 results today live: Sensex, Nifty end in red

    Sensex ended 931.25 pts or 1.20% lower at 76,631.65, and Nifty 50 depreciated 222.25 pts or 0.93% to 23,775.10

  • April 9, 2026 15:10

    Stock market timeline icon

    TCS Q4 results live today: Nifty IT shows resilience amid market slump; TCS in focus ahead of Q4 results

    The Nifty IT index showed resilience in Thursday’s weak market, even as broader indices declined sharply. IT major Tata Consultancy Services is set to announce its Q4 results later today, keeping the sector in focus.

    At the time of writing, key gainers in the IT pack included Persistent Systems, Mphasis, Tata Consultancy Services and LTIMindtree, while Infosys, Wipro and Coforge traded in the red.

  • April 9, 2026 15:06

    Info tech timeline icon

    TCS Q4 results live today: Here’s what Elara says on IT sector

    According to Elara Capital, the Nifty IT index has corrected 23 per cent since early February 2026, with both large-cap and mid-cap IT stocks declining around 20–21 per cent. While concerns around AI-led disruption and loss of business have eased, companies continue to face “productivity pass-through” pressures as clients demand higher efficiency across contracts, potentially leading to near- to medium-term revenue deflation. However, IT firms are expected to offset this through cost optimisation, slower hiring and improved revenue per employee, helping stabilise profitability.

  • April 9, 2026 14:42

    Stock market timeline icon

    Stock market live updates, Q4 results live today: Market update

    Sensex tanks over 1200 points, Nifty down over 300 points from previous close.

    Investors eye TCS share price ahead of Q4 results.

    CHECK THIS OUT

    Sensex tanks over 1,200 pts, Nifty at 23,750 level: Hindalco, BEL lead Nifty 50 gainers, metal stocks buck trend

    Sensex plummets over 1,200 points amid global tensions, while Hindalco and BEL stand out as Nifty 50 gainers.

  • April 9, 2026 14:25

    Stock down timeline icon

    TCS Q4 results live today: Shares flat

    TCS shares traded flat at Rs 2,577.90 on the NSE at 2.24 pm after soaring to a high of Rs 2,605 from the previous close of Rs 2,559.20.

  • April 9, 2026 13:30

    TCS Q4 results live today: Emkay Global on IT sector outlook  

    Emkay: IT margins to remain mixed in Q4, with rupee depreciation providing support, while wage hikes, restructuring and seasonality weigh; Tier-1 firms may see selective expansion, and mid-caps could report wider margin swings. 

  • April 9, 2026 13:10

    Stock up timeline icon

    TCS Q4 results live today: Shares up over 1%

    Shares of TCS rose 1.45% to Rs 2,596.40 at 1.09 pm. It surged to an intraday high of Rs 2,605 ahead of the Q4 results today.

  • April 9, 2026 12:58

    Quarterly results timeline icon

    Anand Rathi Wealth Q4 results live: Q4 profit rises, bonus, dividend  and more

    Anand Rathi Wealth’s standalone net profit for the quarter ended March 2026 zoomed 41% to Rs 102.23 crore compared to Rs 72.43 crore in the same quarter last year.

    The revenue from operations increased by 30% y-o-y to Rs 277.24 crore in Q4FY26 from Rs 213.29 crore in the year ago period.

    In FY26, the profit soared 32.4% y-o-y to Rs 391.43 crore compared to Rs 295.42 crore in FY25.

    In addition, the board proposed final dividend of Rs 7 per share, subject to shareholders approval; and has recommended issuance of bonus shares in the ratio of 1:1.

    It also increased authorised share capital of the company from Rs 50 crore to Rs 100 crore.

    Shares traded flat on the NSE at Rs 3,408.90

  • April 9, 2026 12:40

    Quarterly results timeline icon

    GM Breweries Q4 results live: Q4 profit declines

    GM Breweries’ standalone net profit for the quarter ended March 2026 declined 10.5% to Rs 54.07 crore compared to Rs 60.46 crore in the same quarter last year.

    Board proposed dividend of Rs 9.

    Shares down 1% on the NSE to Rs 1,016.80.

  • April 9, 2026 12:29

    Stock up timeline icon

    TCS Q4 results live today: Shares in focus

    Shares of TCS rose 1% to Rs 2,585.80 on the NSE at 12.28 pm, soaring to a high of Rs 2,599 from the previous close of Rs 2,559.20.

  • April 9, 2026 12:11

    TCS Q4 results live today: TCS underperforms benchmark with 20% drop this year

    Shares of TCS have declined about 20% so far this year, significantly underperforming the benchmark NSE Nifty 50 Index, which has fallen around 9% during the same period.

  • April 9, 2026 11:54

    Stock up timeline icon

    TCS Q4 results live today: Shares up 1% to Rs 2,589.30 at 11.53 am

  • April 9, 2026 11:43

    Q4 results live today: Embassy Developments Q4 business updates:

    Embassy Developments Limited: Q4 & FY26 Business Update

    Our client ‘Embassy Developments Limited’ has informed the stock exchanges regarding the key business updates for the quarter and year ended 31st March 2026.

    Pre-Sales:

    •The Company recorded strong pre-sales amounting ~INR 2,632 crore during Q4 FY26 – representing its highest-ever quarterly booking performance with a quarter-on-quarter growth of 89% compared to Q3 FY26

    •Total pre-sales for FY26 stood at INR 4,631 crore, marking a strong 128% year-on-year growth and translating to 93% achievement of the Company’s INR 5,000 crore guidance. The shortfall is due to approval delays with respect to one of its project launches in Bengaluru

    Collections:

    •Collections in Q4 FY26 were ~INR 577 crore reflecting a ~39% quarter-on-quarter increase

    •For FY26, cumulative collections from the projects stood at ~INR 1,673 crore, while collections from monetisation of non-core land parcels amounted to ~INR 47 crore. Consequently, total collections (projects + land) for FY26 stood at ~INR 1,721 crore

    Key updates of the quarter:

    •New project approvals – Embassy Serenity, Alibaug: The Company received RERA registration for Phase I of Embassy Serenity (Alibaug) and slated for the launch in Q1 FY27

    •New launches – strong market response: Two projects were launched during Q4 FY26 – Embassy Citadel, Worli, and Embassy Verde 2, Bengaluru and achieved combined presales of ~INR 1,385 crore

    Net Debt:

    •As of March 31 2026, the Company’s net institutional debt stood at ~INR 2,937 crore, after adjusting for cash and cash equivalents of ~INR 1,227 crore

  • April 9, 2026 11:39

    TCS Q4 results live today: Choice Institutional Equities flags productivity focus at TCS

    According to Choice Institutional Equities, Tata Consultancy Services is expected to maintain a strong focus on productivity levers and employee restructuring to optimise utilisation and drive operational efficiency.

  • April 9, 2026 11:12

    Stock market live, TCS Q4 results live today: Market update at around 11 am

    At 11.08 am, Sensex traded 602.53 pts or 0.78% lower at 76,960.37 after hitting an intraday low of 76,624.35, and Nifty 50 was down 138.15 pts or 0.58% to 23,859.20, touching a low of 23,759.45. 

    Both midcap and smallcap posted mild gains. Sectoral performance was mixed. Nifty metal outperformed with 1 per cent increase. Nifty IT, private bank, financials and oil & gas dipped the most. 

  • April 9, 2026 11:07

    TCS Q4 results live today: HDFC Securities sees strong deal wins for TCS; flags focus on demand outlook

    According to HDFC Securities, TCS is expected to report a total contract value (TCV) of $8–10 billion, indicating a steady deal pipeline. The brokerage highlights that management commentary on demand trends, tech spending, AI-led investments, BFSI vertical performance and deal wins will be closely tracked. It also expects recent acquisitions such as ListEngage and Coastal Cloud to support near-term growth for TCS.

  • April 9, 2026 11:00

    TCS Q4 results live today: Company likely to post single-digit revenue growth

  • April 9, 2026 10:57

    Q4 results today live: Following companies to announce Q4 results today

    • Anand Rathi Wealth Ltd,
    • GM Breweries Ltd,
    • PAE Ltd,
    • Rajputana Stainless Ltd,
    • Tata Consultancy Services Ltd

    CHECK OUT THIS Q4 RESULTS CALENDAR HERE

    Q4FY26 Results Calendar: Key results to watch!

    Here is a date-wise list of key companies scheduled to report their earnings in April and May

  • April 9, 2026 10:54

    TCS Q4 results live: Anand Rathi sees steady demand, modest margin in Q4

    According to Anand Rathi, while the near-term growth remains subdued amid cautious client spending and AI-led pricing pressures, TCS is well-positioned to benefit from the ongoing shift toward AI-driven, outcome-based services, with large players expected to lead execution and monetisation over the medium to long term.

  • April 9, 2026 10:50

    TCS Q4 results live: Here's what Nuvama says

    Nuvama on TCS: Foreign exchange tailwinds, alongside reinvestments and higher variable pay provisioning, are expected to impact margins at Tata Consultancy Services.

  • April 9, 2026 10:45

    As per NSE data, Tata Consultancy Services (TCS) recorded a traded volume of 16.43 lakh shares.

  • April 9, 2026 10:44

    TCS Q4 results live: Motilal Oswal sees stable margins

    According to Motilal Oswal Financial Services, EBIT margins are expected to remain stable sequentially, supported by currency tailwinds, as wage-related pressures ease and the impact of one-off costs subsides.

  • April 9, 2026 10:07

    TCS Q4 results live: Margins seen flat in Q4 on currency gains offsetting cost pressures

    Brokerages expect Tata Consultancy Services’ (TCS) EBIT margins to remain largely unchanged in the March quarter, as benefits from currency tailwinds are likely to be offset by wage hikes and peak utilisation levels.

  • April 9, 2026 10:05

    TCS Q4 results live: Trade details as at 10.04 am

    As of 10:04 am, shares of Tata Consultancy Services were trading with muted activity, reflecting a largely flat trend ahead of its Q4 results. The stock saw traded volumes of 10.08 lakh shares, translating into a turnover of ₹258.11 crore, indicating moderate participation. TCS continues to command a strong market position with a total market capitalisation of ₹9.28 lakh crore and a free float market cap of ₹2.61 lakh crore, highlighting relatively limited publicly tradable shares due to high promoter holding. The impact cost remained low at 0.02, suggesting healthy liquidity, while the deliverable quantity stood at 45.42%, pointing to a balanced mix of intraday and delivery-based trades. The applicable margin rate was 12.5%; face value of ₹1 per share.

  • April 9, 2026 10:03

    TCS Q4 results live:

    TCS board to consider and approve financial results for the financial year ending March 31, 2026, and recommendation of a final dividend, if any, at its meeting today.

  • April 9, 2026 09:49

    TCS Q4 results live: Kotak sees margin tailwinds for IT on rupee depreciation, mixed growth outlook

    According to a Kotak report, Indian IT companies are likely to see stable to improving margins, with a 40–320 bps YoY EBIT margin expansion expected for the top six players, aided by a 6.5% depreciation in the rupee against the US dollar. 

  • April 9, 2026 09:27

    TCS Q4 results live: BofA flags Continued Underperformance in IT

    According to Bank of America (BofA), India’s IT sector is likely to remain an underperformer this year despite a modest rally supported by rupee depreciation. BofA strategist Shah noted that the artificial intelligence disruption is already playing out, prompting clients to reassess spending and potentially slowing outsourcing demand in the near term. While the Nifty IT index has gained about 3.1% since late February, BofA maintains an “Underweight” stance on the sector. However, over the medium to long term, the brokerage sees AI adoption as a structural positive, with increased enterprise spending on implementation expected to open up new growth opportunities. In contrast, BofA remains “Overweight” on large private sector banks.

  • April 9, 2026 09:22

    TCS Q4 results live: Shares flat ahead of results

    Screenshot 2026-04-09 092234.png

  • April 9, 2026 09:22

    Stock market live updates: Sensex, Nifty 50 in red

    Sensex fell 561.25 pts or 0.72% to 77,001.65 at 9.16 am after opening at 77,319.33 from the previous close of 77,562.90, and Nifty 50 declined by 137.35 pts or 0.57% to 23,860 from the previous close of 23,997.35.

Published on April 9, 2026

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