TCS shares rise after quarterly earnings beat lifts IT sentiment
Indian IT stocks rallied after Tata Consultancy Services (TCS) reported better-than-expected second-quarter results, boosting investor hopes for demand recovery despite ongoing concerns about AI disruption and US labor curbs.
02 per cent on Friday, 9 October, after Tata Consultancy Services (TCS) reported better-than-expected second-quarter results, lifting hopes of a recovery in the sector. The move came even as concerns around AI disruption and US labour curbs continued to hang over Indian IT stocks.