On October 10, 2025, Indian equity markets ended the day on a strong note, with the S&P BSE Sensex rising 328.72 points to close at 82,500.82, while the NSE Nifty 50 gained 103.55 points, finishing at 25,285.35. The market optimism was largely driven by easing geopolitical tensions following the initial phase of the U.S.-brokered ceasefire between Israel and Hamas, which boosted investor sentiment. Key sectors performed well, led by banking stocks, including State Bank of India and Axis Bank, as well as Power Grid, which saw significant gains. Other sectors like pharma, realty, and capital goods also contributed positively, while the metals sector faced pressure and ended the day lower. Corporate news influenced individual stock movements, with Tata Consultancy Services (TCS) seeing a minor dip after reporting a weaker-than-expected quarterly profit, despite plans for expansion in artificial intelligence infrastructure. In market developments, WeWork India made its debut on BSE and NSE with a flat listing, opening at a slight 0.31% premium, and Tata Capital’s IPO allotment was finalized with a Grey Market Premium (GMP) of 1.8%. Overall, the session reflected strong domestic investor confidence, supported by positive sectoral performance and favourable global developments. #IndianStockMarket #Sensex #Nifty50 #TCS #WeWorkIndia #TataCapitalIPO #BankingStocks #MarketUpdate #GlobalCues #NagpurNews
Another Layoffs, TCS is going layoff of 2% of its staff. That's roughly 12000 of its workforce. This is said to be done as part of restructuring process. With this, the one company on which people relied for job security which was also one of the reason for many employees working with very low pay has also let their employees down. Corporates can not be trusted they only care about profit. There appears to be a problem slowly turning catastrophic on which government shall swiftly take action or else many will lose livelihood. All of them are the tax payers who pay lot of their hard earned money to government. It's time for government to give them assurance about their future and take action on corporates for such erratic and irresponsible decisions which impacts lives of middle class. #TCS #layoffs #ITCrash #goverment #NarendraModi https://www.hindustantimes.com/business/tcs-lay-off-over-12-000-employees-in-major-2-workforce-cut-101753614826005.html
