Tata Consultancy Services is poised to report a 4% sequential revenue growth for the March quarter, its highest in nine quarters, largely driven by rupee depreciation. Despite a negative investor sentiment towards the IT sector due to AI advancements and geopolitical tensions, TCS’s dollar revenue is expected to see a five-quarter high growth.
Market Trading Guide: YES Bank among two stock picks for Monday with up to 10% upside scope
Equity markets saw broad-based selling pressure after weak monsoon forecasts raised concerns over food inflation, though falling crude oil prices and easing bond yields helped