Do we have anyone here who is positional short on TCS today on closing basis? I am asking because he/she needs to arrange fund to finance the account which will blow tomorrow on market open.
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The board of directors of IT giant TCSBSE 4.08 % on Monday approved a proposal to buy back up to 5.61 per cent equity shares at a price not exceeding Rs 2,850, aggregating to Rs 16,000 crore.
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Source ET
We already seeing what is happening on Infy. And we also know the negative bias created with Trump's election. So the buying is done. And butchering will start.