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Tata Consultancy Service Ltd Long Term Buy Call: Abhishek Jain, StocksIdea.com


TCS is a part of one of Asia's largest conglomerates "TATA Group", which is having presence in Energy, Automobiles, Telecommunications, Financial Services, Chemicals, Engineering and Materials etc. Company has presence in 34 countries across 5 continents and seven of the Fortune Top 10 companies are in its valued customers list. Company has launched its most integrated business accounting software "Personal Accountant" in Guwahati in 2000. Company has emerged as Asia's largest software and Services Company launched its computer security consultancy practice.

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Banks drive sensex to 17-month closing high


Mumbai, Oct. 16 : Banking stocks drove the Bombay Stock Exchange (BSE) sensex up by 0.74 percent to its highest close in 17 months despite witnessing a slide in metals maker Sterlite Industries after it sold debt checked the gains on Friday.


Sentiment was also upbeat as optimism about quarterly earnings of companies lifted world stocks towards highs last seen before the collapse of Lehman Brothers.

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