BoredfolioOpen the app

TCS

Stocks
Tata Consultancy Services · India
₹3,842.10
down −2.10%
30 sessionsas of last close · delayed prototype data
Not in your book yet.
Why it's moving

Cautious before tonight's results, and a firmer rupee is a mild headwind — the IT majors bill in dollars and convert to fewer rupees.

What's moved it
  1. Fri−2.1%

    De-risking before Q1 results; IT index soft with a stronger rupee.

  2. 2 Jul+3.4%

    A large European bank renewed a reported $500M deal.

  3. 18 Jun−4.2%

    Weak Accenture guidance dragged the whole IT pack.

Is this move normal?

A −2.1% day is a bottom-18% day for TCS.

It's fallen this much or more 9 times in the last year — and was higher within two weeks on 7 of them.

calmer daysbigger days
↺ The memory — when this happens

When the rupee weakens hard, do Indian IT stocks actually fall?

The opposite, usually. A weaker rupee is a tailwind for IT exporters who bill in dollars — Nifty IT rose in most sessions after sharp rupee slides. The panic and the base rate point in different directions here.

Nifty IT, next session:
up (6/8) down (2/8)
IT servicesIndiaUSD-earner

Illustrative prototype data. Boredfolio explains moves and lets you practise with fake money; it does not recommend trades, and it will never tell you to buy or sell. Nothing here is investment advice.