Indian benchmark indices Sensex and Nifty opened sharply higher on Friday, July 10, with gains of over 1%, supported by strong IT earnings, positive global market sentiment, easing crude oil prices and improved investor confidence.
Tata Consultancy Services (TCS), India's largest IT services company, is set to announce its financial results for the first quarter of FY27 after market hours on Thursday, July 9. The earnings will be closely watched by investors for updates on revenue growth, profitability, operating margins, large deal wins, artificial intelligence (AI) initiatives and the company's outlook for the coming quarters.
