IT leads rebound in Indian shares; TCS jumps on results
Indian shares rebounded as IT stocks led after focus shifted to TCS’s September-quarter revenue growth.
Indian shares recovered on Friday, with information technology stocks leading the advance as investors looked past a US decision to suspend many Indian firms from its permanent labour certification program and instead focused on TCS' September-quarter revenue growth. The benchmark Nifty 50 NSE:NIFTY and the BSE Sensex BSE:SENS…