Equity markets began the week positively, closing at a day’s high. Ultratech, IOC, Adani Energy, Adani Total Gas, Kfin Tech, and Tata Chemicals will be in focus this week due to various developments and quarterly earnings. Spandana Sphoorty, UCO Bank, Rossari Biotech, RVNL, Kfin Technologies, KEC International, Shoppers Stop, Tata Chemicals, and Coromandel International also reported their quarterly results. Read more for details.
Tata Sons has sold shares of Tata Consultancy Services (TCS) in a block deal worth around Rs 9,000 crore. This article explores four possible reasons behind this move.
