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TCS trades higher in anticipation of Q2 earnings
TCS expected to lead IT stock recovery with robust performance.
TCS led gains in the IT sector as investors positioned for robust quarterly earnings and continued AI-driven revenue growth. Market sentiment strengthened on expectations of improved deal momentum, expanding cloud transformation projects, and resilient digital spending from global clients. Analysts said the rally reflects renewed confidence in India’s IT services outlook, with TCS seen as a key beneficiary of accelerating enterprise AI adoption and steady demand from the U.S. and Europe.