TCS shares fall nearly 2 pc after March quarter earnings announcement

Shares of IT major TCS declined nearly 2 per cent on Thursday during morning trade after its March quarter earnings failed to meet market expectations and the company flagged worries from its key market of North America.

The stock fell 1.88 per cent to Rs 3,181.10 on the BSE after a weak beginning.

At the NSE, it went lower by 1.87 per cent to Rs 3,181.

Weak trends were also witnessed in other IT counters, with Infosys, Tech Mahindra, HCL Technologies and Wipro trading lower in morning trade.

In the broader market, the 30-share BSE Sensex quoted 66.62 points or 0.11 per cent lower at 60,302.05.