CapitalHeight:TCS hits record high; analysts turn mixed as strong Q1 and better growth visibility largely priced in

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Tata Consultancy Services, the country’s largest software services exporter, kicked off June quarter earnings season on a strong note with the profit growing 6.3 percent and revenue 6.8 percent sequentially, backed by recovery in banking vertical and maintaining momentum in industry verticals.

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Stock Market Opening Bell 11-July- 2018: CapitalHeight

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CH: OPENING BELL

NIFTY FUTURE DOWN 19 @ 10929

BANK NIFTY FUTURE DOWN 66 @ 26828

SENSEX DOWN 21 @ 36217

INR @ 68.83

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Axis Bank Gains 1% after it Recommends 3 Candidates to Succeed Shikha Sharma

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Shares of Axis Bank gained around a percent in the morning trade on Wednesday as investors cheered the news of possible successors to existing MD Shikha Sharma.

The stock touched an intraday high of Rs 537.50 and an intraday low of Rs 531.00.

The board of the private sector lender has recommended names of three candidates for the position of MD & CEO, the bank said in a release to the exchanges.

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