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TCS’ Q2 earnings lift market sentiment, Nifty and Sensex rallies over 1% each

First reported 9 Oct, 11:13 UTCUpdated 2d ago3 sources

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Aided by Tata Consultancy Services’ (TCS) September quarter earnings announcement, India’s equity market staged a strong recovery on Friday, after the massive plunge of Thursday, with the benchmark indices - NSE Nifty50 and BSE Sensex – gaining more than 1% each. Despite the recovery, local equities are likely to…

Excerpt from The New Indian Express

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From the Left
Sensex, Nifty rebounds over 1% after two days of losses; IT shares lead rally amid easing crude prices

Mumbai: Stock markets bounced back on Friday after two days of sharp decline, with the benchmark Sensex rallying 879 points and the Nifty ending above 22,500, led by a rally in TCS, other IT stocks and easing crude oil prices. The 30-share BSE Sensex jumped 879.09 points, or 1.23 per cent, to settle at 72,472.33…

From the Center
TCS’ Q2 earnings lift market sentiment, Nifty and Sensex rallies over 1% each

Aided by Tata Consultancy Services’ (TCS) September quarter earnings announcement, India’s equity market staged a strong recovery on Friday, after the massive plunge of Thursday, with the benchmark indices - NSE Nifty50 and BSE Sensex – gaining more than 1% each. Despite the recovery, local equities are likely to…

From the Right

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3 outlets — tap a headline to read it at the source

  1. Business TodayCenterINMostly factual
    Sensex, Nifty Rally! TCS, Infosys Lead IT Surge (opens Business Today in a new tab)

    Indian equities face mounting pressure as the Nifty heads towards its ninth consecutive weekly decline, amid heavy FII selling, crude oil above $104 a barrel and rising US bond yields. On Business Today Television, Chandan Taparia, Head Derivatives & Technical, Wealth Management, Motilal Oswal Financial services…

  2. Deccan HeraldLean LeftINHigh factuality
    Sensex, Nifty rebounds over 1% after two days of losses; IT shares lead rally amid easing crude prices (opens Deccan Herald in a new tab)

    Mumbai: Stock markets bounced back on Friday after two days of sharp decline, with the benchmark Sensex rallying 879 points and the Nifty ending above 22,500, led by a rally in TCS, other IT stocks and easing crude oil prices. The 30-share BSE Sensex jumped 879.09 points, or 1.23 per cent, to settle at 72,472.33…

  3. The New Indian ExpressCenterINHigh factuality
    TCS’ Q2 earnings lift market sentiment, Nifty and Sensex rallies over 1% each (opens The New Indian Express in a new tab)

    Aided by Tata Consultancy Services’ (TCS) September quarter earnings announcement, India’s equity market staged a strong recovery on Friday, after the massive plunge of Thursday, with the benchmark indices - NSE Nifty50 and BSE Sensex – gaining more than 1% each. Despite the recovery, local equities are likely to…

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