TCS shares down today on short term profit booking

TCS shares are seeing short term profit booking today. At 12: 30 p.m. 19^th September, 2025 the share price is down by 0.63%, trading at Rs 3,156.80. Nifty 50 index is down by 0.50% at this time. Nifty IT index is down by 0.90% at this time.

TCS heavily dependent on US market

TCS’ shares have gained more than 1% in the past 5 days. Much of these gains came in the past two days, when US Federal Reserve announced a 25 basis points interest rate cut. The US central bank also indicated that it may go for two more interest rate cuts in 2025. These interest rate cuts are expected to give a boost to the US economy. A stronger US economy is in the interests of TCS. The company has a large number of US companies as its customers. The share of US market in the total revenues of TCS in the June quarter stood at 49.5%. The company is heavily dependent on this market.

TCS stock has underperformed this year

Year-to-date in 2025, TCS’ stock is down by 23.24%. Nifty 50 index is up by 6.53% in this period. The stock has underperformed the Nifty 50 index by more than 30% this year. This, mainly because of the uncertainty and protectionist policies that have come into place in USA since President Trump’s second term started in January 2025. If an Indo-US trade deal materializes then it will reduce uncertainty and TCS’ shares may also benefit.

Disclaimer : This content is only for informational purpose. It does not make any recommendation to act or invest.

Source : NSE