Today’s Stock Alert: TCS, HCL Technologies in Focus after Winning Orders

The market may surge as Mr Raghuram Rajan after taking charge as the 23rd governor of the Reserve Bank of India (RBI) on Wednesday announced a slew of measures to benefit retail investors and revive the Indian economy. Trading of CNX Nifty futures on the Singapore stock exchange indicates that the Nifty could gain 113.50 points at the opening bell. Firmness in Asian stocks may aid gains on the domestic bourses.

      TCS after market hours on Wednesday, 4 September 2013 said it has been selected by CTM, a leading telecom service provider in Macau, for a multi-year and multi-million agreement for an IT and business transformation project.

• Idea Cellular turns ex-dividend today, 5 September 2013, for a final dividend of 30 paise per share for the year ended 31 March 2013.
• GAIL (India) turns ex-dividend today, 5 September 2013, for a final dividend of Rs 5.60 per share for the year ended 31 March 2013.
• Power Grid Corporation of India turns ex-dividend today, 5 September 2013, for a final dividend of Rs 1.14 per share for the year ended 31 March 2013.
• GMR Infrastructure turns ex-dividend today, 5 September 2013, for a dividend of 10 paise per share for the year ended 31 March 2013.

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