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TCS launches $2B joint venture with TPG

after close1 source ↓written by the desknot a recommendation

joint venture
$2 billion
will hold
51% stake
and JPMorgan noting
₹3,430

Tata Consultancy Services (TCS) has launched a $2 billion joint venture with TPG, named HyperVault AI Data Centre, where TCS will hold a 51% stake. Brokerages are optimistic about the deal, with Morgan Stanley setting a target price of ₹3,430 and JPMorgan noting effective capital management. This move comes amid a sell-off in Wall Street markets.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 21 Nov 2025, 16:05 IST.

Sourcesnews.google.com

The market after the news

TCS closed −0.3% on the day of the news, from ₹3,150.60 to ₹3,141.20; Nifty −0.4% over the same session; futures OI +2.3%.

Bulletin at 16:05 IST on 21 Nov 2025. Every change is measured from ₹3,150.60, the last close before it, on 21 Nov. Nifty 50 is measured over the same sessions.

  • TCS close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
TCS closes around the bulletin against the close before the news, with Nifty 50 rebased to it276131513540axis spans 28%before the news · 21 Nov3151Nifty 50TCSbulletinD0+1+3+517 Nov27 Nov8 DecFutures open interest, lotspeak 1.6 LReference close ₹3,150.60. 16 sessions from 17 Nov to 8 Dec; the price axis spans 28 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before21 Nov₹3,150.60basebase
On the day24 Nov₹3,141.20▼ −0.3%▼ −0.4%+0.1 pp difference
+1 session25 Nov₹3,119.20▼ −1.0%▼ −0.7%−0.3 pp difference
+3 sessions27 Nov₹3,136.60▼ −0.4%▲ +0.6%−1.0 pp difference
+5 sessions1 Dec₹3,133.40▼ −0.6%▲ +0.4%−1.0 pp difference
Gap at the open, % · ₹
▲ +0.2%+7.25 on 24 Nov
Day's range, % · ₹
1.5%≈ 48 high to low
Volume on the day
2.58×the 20-session average
Futures OI on the day
▲ +2.3%+3,700 lots · short build-up · price −0.3%
Futures OI open, lots
1.6 L24 Nov · 25 Nov expiry
Futures premium, ₹
+4.90+0.2% to spot
Puts per call, by OI
0.71from 0.64 the session before
Max pain
3,100from 3,100 the session before

Source NSE UDiFF bhavcopy · TCS on the desk →

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