TCS is expected to post a second consecutive weak quarter with a 0.7% drop in dollar revenue for Q4 FY25, amid delayed client spending, cross-currency headwinds, and BSNL project rampdown. Despite subdued growth, a weaker rupee and improved efficiency may support margins, while investors await the company’s outlook on recent US tariff moves.
US Stocks: Nasdaq, S&P end lower as tech megacap declines outweigh upbeat chip outlook
Indian markets saw a mixed close on Thursday. While the Nasdaq and S&P dipped due to Big Tech’s AI spending concerns, the Dow edged higher.