TCS is expected to report a 0.4% sequential revenue drop for Q3 FY24 due to furloughs and currency headwinds. Net profit may grow 5.8% to ₹12,599.8 crore, supported by operational efficiencies and a weaker rupee.
Tech View: Nifty faces resistance at 200-DSMA; staying below 23,930 may signal more downside.How to trade on Friday
According to Hrishikesh Yedve of Asit C. Mehta Investment Intermediates, if the Nifty sustains above 23,460, a short-term pullback toward 23,800-23,900 is likely. However, resistance