TCS

Shares of TCS slipped by 1% to end at Rs738 after reports stated that the U.K government may review an US$850mn outsourcing agreement signed with the company. UK may split large outsourcing orders into smaller deals to reduce government spending, reports added. The scrip opened at Rs741 it touched an intra-day high of Rs742 and a low of Rs727 and recorded volumes of over 0.25mn shares on BSE.