The only skill's company wants from a fresher:-

#Manageable English Communication Skill's-

Because most of the IT companies in India are Service Oriented ones so we need to communicate with Clients from different countries.

#Hands-on experience in MS Excel-

This might sound silly but if you ask your seniors in an IT Company they would explain you its importance.

#Basic SQL Commands & Some Database knowledge -

Whatever domain you work on be it testing or mainframes or ETL, database knowledge is a MUST for any IT professional.

#Good knowledge on any one programming language -

Let it be C, C++,Java, Unix Shell scripting know the logic and functioning of any one language of your choice.

NOTE: java is the most indemand skill....