Today News for Stock Market India

TCS BSE 1.18 % has indicated that the current quarter could be a flat quarter for them but FY15 will be better than FY14. So market should actually be rejoicing that comment from TCS, in fact yesterday markets punished that stock. 

The Indian markets are benefitting as foreign investors are pulling money from other emerging markets. Besides, every time there are elections, there is new hope.

Oil marketing companies (OMCs) are set to face a massive under-recovery bill that may be as high as Rs 5,000 crore. The finance ministry wants the OMCs to absorb a much higher share of under recoveries this fiscal.

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