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Sensex flat as tariff tussle continues; TCS hits record high


By Krishna V Kurup(Reuters) - Indian shares were flat on Wednesday as worsening trade tensions between the world's two biggest economies hurt sentiment, while Tata Consultancy Services Ltd hit an all-time high a day after the company posted a record quarterly net profit.Broader Asian shares fell due to a sell-off in Chinese markets after the United States threatened to slap 10 percent tariff on an additional $200 billion worth of Chinese goods pushing the two economies ever closer to a full-scale trade war. MSCI's broadest index of Asia-Pacific shares outside Japan fell 1.2 percent.The ...

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First Published: Wed, July 11 2018. 12:18 IST