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TCS gains after quarterly results as select midcaps post sharp profit growth
TCS shares moved higher following earnings, while select smaller companies reported strong profit growth amid cautious market conditions.
Shares of Tata Consultancy Services advanced after the company reported better-than-expected quarterly earnings. Market attention also remained on select midcap and smallcap firms that posted outsized year-on-year profit growth during the quarter. Investors tracked sustainability of earnings momentum as broader markets remained sensitive to global cues and sector-specific developments.