TCS remained a core institutional overweight candidate among Indian IT majors as traders assessed steady deal momentum across BFSI, cloud modernisation, AI transformation and platform integration workloads. Analysts said revenue trajectory visibility remains more durable relative to mid-tier IT due to diversified enterprise exposure. However, traders remain sensitive to any commentary suggesting discretionary tech budget compression in US and EU markets. Market desks expect next quarter guidance to shape directional conviction for fresh allocation. For now, sentiment remains moderately constructive with domestic flows acting as stabiliser.