Indian Shares Seeking Rebound With IT Stocks In Focus

Why is stock market up today? 'Good Friday' for Sensex, Nifty - 5 biggest contributors to D-Street party

Indian markets rebounded Friday as easing oil prices and reduced immediate fears of US strikes on Iran lifted sentiment after a sell-off that erased over ₹10 lakh crore. IT stocks led gains following strong TCS results.

Stock markets rebound after Thursday’s rout; analysts warn of ‘sell-on-rally’ risk

Indian indices bounce on Friday amid IT-led gains, but macro headwinds, rate hikes, and sell-on-rally risk loom large for markets.

TCS stock surges over 5% after Q2 results, IT stocks rally as AI, growth optimism overshadows US visa curbs

Indian information technology stocks soared on Friday, led by strong gains in TCS shares post the company's fiscal second quarter results, despite fresh regulatory uncertainty stemming from the US government's decision to suspend several technology companies from its Permanent Labor Certification Program (PERM).

Sensex, Nifty open higher after sharp sell-off; IT stocks lead gains, TCS jumps 3%

The BSE Sensex rose 449.84 points, or 0.63%, to 72,043.08 at 9:32 am. The Nifty 50 gained 150.95 points, or 0.68%, to 22,382.75 at 9:33 am. It opened at 22,314.95 and hit an early high of 22,388.70.

Indian Shares Seeking Rebound With IT Stocks In Focus

Indian shares are seen opening higher on Friday despite overnight losses on Wall Street. Information technology stocks would be in the spotlight today after TCS delivered a 15 percent year-on-year increase in Q2 consolidated net profit and the Nasdaq posted its biggest single-day loss since mid-August on fresh concerns over the sustainability of the AI spending boom.

Stocks in news: TCS, ITC, Infosys, Cochin Shipyard and RIL

On Thursday, the financial markets took a hit, plummeting by almost 1.5% due to robust selling pressure. The Nifty index wavered near its April 2026 low, suggesting ongoing vulnerabilities. In a positive twist, TCS announced a notable 15% rise in its consolidated net profit for the second quarter. Meanwhile, ITC engaged in a substantial block trade, while shares of Infosys and Wipro faced declines during US market hours.