Today’s stock movement

Share markets of India ended their day in red for the fifth day. Losses were largely seen in metal stocks and real estate stocks.
BSE sensex closed down by 253 points (0.8%) at 32,923 and NSE Nifty tumbled by 101 points (0.99%) at 10,094.
TCS: TCS has been positioned as a leader in the cloud enablement service by the Everest Group for their focus in customer requirements and technical knowledge.
TCS provide end to end mature cloud services because of their extensive relationships with all leading cloud service providers and it provide service with high reliability.
TCS shares may grow in coming days due to their business process and technology up gradation.
NLC: NLC, (Neyveli Lignite Corporation) a Navratna profit making Government of India enterprise has arranged a Board of Directors meeting on 19th March.
They have declared an interim dividend of Rs 4.23 per share at its meeting and it will be paid to the shareholders on or before 31st March.
The NLC shares might go high in Tuesday’s market and its shares should provide stable returns to the investors.
Steel Industry: According to the Government report, the steel export raised by 8.22 million tonnes and imports were lower by 6.45 million tonnes.
Due to the import price of iron ore, (raw material for steel making) the prices of steel is in volatile state and the shares of steel manufacturing companies give back volatility. The steel prices are expected to increase in mid week.

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