Indian stock indices are set to open with gains, bolstered by TCS’s strong Q2 performance.
The IT major beat revenue estimates, aided by robust demand in its banking & financial ser
vices segment.
Nevertheless, profit was weighed down by higher severance costs due to workforce restructuring.
Foreign portfolio investors have turned net buyers in recent days, injecting ~₹13.08 billion.
GIFT Nifty futures indicate the Nifty 50 may open above its prior close of ~25,181.8.
IT and financial names are expected to dominate early momentum.
Meanwhile, LG Electronics’ India arm draws investor attention wi
th its mega IPO launch.
Key stocks under watch include Tata Elxsi, NTPC Green, Mahindra & Mahindra, Afcons Infrastructure.
The market is riding a 5-of-6 session uptrend, having gained ~2.3% recently.
Broader cues and capital flows will be critical to sustain gains.