Shares of Tata Consultancy Services marginally declined within the morning commerce on Friday, a day after the IT main introduced that its chief Rajesh Gopinathan has put in his papers.
The broader market was within the optimistic territory, with Sensex leaping 246 factors amid optimistic international cues.
Rajesh Gopinathan, who has been on the helm of the nation’s largest software program exporter for six years, has resigned as MD and CEO, almost 4 years forward of the completion of his tenure. He will likely be changed by firm veteran Okay Krithivasan. The announcement was made by the corporate after market hours on Thursday.
On the BSE, the scrip opened at Rs 3,151 after it had closed at Rs 3,184.75 on Thursday. After touching an intra-day excessive of Rs 3,194, the inventory was down 0.62 per cent to Rs 3,165.
The market valuation of TCS, a key constituent of Sensex, stood at Rs 11,58,419.07 crore on the BSE.
On the NSE, the corporate was down 0.47 per cent to Rs 3,169.90. It had opened at Rs 3,150.50 after ending the day at Rs 3,185 on Thursday
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