Investing in US stocks from India: How the ₹10 lakh TCS threshold works
Tata Consultancy is in focus with April 1 in focus.
· Business Today Mkts
Under the Reserve Bank of India’s Liberalised Remittance Scheme, resident individuals can remit up to US$250,000 per financial year, from April 1 to March 31, for permitted transactions, including overseas investments, subject to applicable regulations.
Key facts
- Dates in focus
- April 1 and March 31
The analysis
Tata Consultancy reported ₹10 lakh. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is +1.0% on the day at ₹2,502.60, and has returned +2.9% over three months. It sits 25% below its 52-week high. The it sector has moved -3.1% over the same period, so Tata Consultancy is running 6.0 points ahead of its peers.
For Tata Consultancy, the question is how much of this is already reflected in the price and how much re-rates the it peer set alongside it.
Why it matters
- With RBI involved, this carries a regulatory dimension that can outlast the immediate market reaction.
Market context
- In focus: Tata Consultancy (TCS) (TCS), in IT.
- On the day, 1 of 2 are higher: Tata Consultancy (TCS) leads at +1.0% and Bank of India trails at -2.1%.
- Over three months: Tata Consultancy (TCS) +2.9% against IT -3.1% (6.0 points ahead); Bank of India -3.2% against Banks -6.0% (2.8 points ahead).
- At least 25% below the 52-week high: Bank of India (25%).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| Tata Consultancy (TCS)TCS · IT | ₹2,502.60 | +1.0% | +22.0% | +2.9% | -24.7% | 0.5× | — |
| Bank of IndiaBANKINDIA · Banks | ₹132.86 | -2.1% | +2.0% | -3.2% | -25.0% | 1.1× | — |
IT
1M +5.2% · 3M -3.1%
Tata Consultancy (TCS)
Banks
1M -3.4% · 3M -6.0%
Bank of India
Financial Services
1M -8.8% · 3M -14.9%
Prices as of 30 Oct 2026, 16:11 IST. Sector moves are the average of the stocks we track in each sector.
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