Shares of Tata Consultancy Services (TCS) were higher around a percent ahead of its results which will be declared in the day.
The stock has touched an intraday high of Rs 1,900.00 and an intraday low of Rs 1,872.60.
In the quarter ended March 31, TCS reported above company-average growth in all its verticals except BFSI, but CEO Rajesh Gopinathan had said the company was more “optimistic” about the vertical in this financial year.
Analysts will watch for commentary on the demand outlook for calendar 2018 budgets, especially for BFS.
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Source: https://www.moneycontrol.com/news/business/markets/market-live-sensex-extends-gains-trades-above-36000-nifty-hits-10900-midcaps-trade-strong-2690651.html
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