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TCS stock outlook: AI gains, Q2 demand recovery hopes keep brokerages positive despite margin pressure
TCS Q1 FY27 Results Review: Brokerages said that the AI momentum is improving, demand is expected to recover from Q2, but investors still need proof that AI-led deal wins will translate into sustained growth.
Momentum Stocks: Capri Global, JK Bank, Aether Industries, Anand Rathi, hit 52-week high
IZMO, Jindal PolyFilm, JITF Infralogistics, among others, were locked in their upper circuits, reflecting heavy buying, a sign of bearish near-term sentiment.
TCS stock jumps over 3% after Q1 results as brokerages back AI momentum, Q2 demand recovery
TCS shares jumped on Friday to emerge as top Nifty gainer after April-June quarter results, as investors welcomed management's demand recovery outlook from Q2 and strong AI-led deal momentum despite continued pressure on margins.
Closing Bell: Nifty below 25,200, Sensex tanks 961 pts; realty, metal, FMCG top drag
Nifty Midcap and smallcap indices down 1% each. Dr Reddy's Labs, Bharti Airtel, M&M, HDFC Life, Sun Pharma were among the top drags on the Nifty, while gainers were Trent, HCL Tech, Infosys, Apollo Hospitals. Among sectors, auto, bank, FMCG, metal, realty, telecom shed 1-2%, while IT, media, consumer durables ended in the green.
Momentum Stocks: Igarashi Motors, Niraj Cement, Transwarranty Finance gain on sheer momentum
Sasken Technologies, Madhucon Projects and Vidya Wires were locked in the upper circuit, indicating strong buying demand and limited availability of sellers.
Live: Broader markets outperform this week; Realty sector top gainer | Closing Bell
Indian markets ended the week on a strong note, with the Sensex surging over 800 points and the Nifty reclaiming the 24,200 mark. Realty and PSU bank stocks led the rally, while midcaps and smallcaps outperformed the benchmarks. India VIX dropped sharply, indicating easing market volatility. Catch all the highlights from today's Closing Bell, including the biggest gainers and losers, sector-wise performance, key market drivers, expert insights, and what investors should watch ahead in the next trading session.