neutral
Recently
Indian markets rebound as trade optimism and IT earnings lift sentiment
Indian equities rebounded on trade optimism and stable IT earnings, with TCS reporting modest revenue growth despite a year-on-year decline in net profit.
Indian equity benchmarks recovered after recent losses as optimism around upcoming India US trade talks improved risk sentiment. The Nifty closed at 25,790, gaining 0.42%, supported by IT stocks following steady quarterly earnings. Tata Consultancy Services reported Q3 revenue of ₹67,087 crore, up 1.95% quarter-on-quarter, though net profit declined 14% year-on-year to ₹10,657 crore due to higher employee costs. Investors remained selective, focusing on earnings visibility amid global macro uncertainty.