TCS market value rises as earnings stability supports IT sentiment

Shares of Tata Consultancy Services remained supported as the company’s market capitalisation expanded by over Rs 35,900 crore, reflecting investor confidence in earnings resilience. The IT major reported modest profit growth for the September quarter, with margins holding steady despite global demand uncertainty. Market participants continue to view large cap IT firms as relative defensives, supported by deal pipelines, currency tailwinds, and expectations of improved discretionary tech spending in the next fiscal cycle.

Strong advances in artificial intelligence are driving renewed investor interest in Google, reinforcing optimism around its long term growth strategy. GOOGL shares are trading at $307.16, up 1.55%, reflecting positive market sentiment tied to AI-led innovation. Google’s leadership in AI research, cloud computing, and deep learning applications has positioned the company to benefit from rapid adoption across industries. With the global AI market projected to grow at nearly 40% CAGR through 2030, Google’s investments are translating into tangible performance, including a 60.85% stock rise over the past year.