Sensex Trades in Green, Inflation in Focus, and Top Stocks in Action

On Monday, the Indian share markets settled in the positive territory helped by buying in bluechips such as Tata Motors, TCS, and Coal India rose.

The BSE Sensex rose 139 points to settle at 38,906. Tata Motors emerged as the top gainer on the index with over 7% gains while Infosys ended as the biggest loser.

The Nifty50 index settled at 11,690, up 47 points.

Among BSE sectoral indices, metal stocks rose the most by 2.2%, followed by realty stocks at 1.6%. Tata Motors and TCS were among the top gainers.
Top Stocks in Action Today

Infosys and TCS share prices will likely be in focus today after the IT majors reported their quarterly earnings.

IT behemoths Tata Consultancy Services (TCS) and Infosys reported strong growth for the March quarter, clocking 2.4% and 2.1% sequential rises, respectively, in constant-currency revenue.

The performance underscores strong execution and strong order inflows. Infosys signed large deals of US$1.6 billion, taking the cumulative size of deals won to US$6.3 billion for the full year. This is twice that of FY18.

TCS also did well, bagging contracts of US$6.2 billion last quarter, higher than the US$5.9 billion of deals it secured in the December quarter.
 
 

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