Don’t miss the latest developments in business and finance.

TCS rises over 1% on hopes of strong Q2 nos

Image
Press Trust of India Mumbai
Last Updated : Jan 20 2013 | 1:24 AM IST

Software giant Tata Consultancy Services rose over one per cent in the morning trade at the Bombay Stock Exchange, on expectations of robust second quarter earnings to be announced later in the day.

The IT major started the day on a positive note, gaining 1.60 per cent to touch its early high of Rs 979.80. The company was the top performer in the Sensex pack.

On the National Stock Exchange as well, the stock was quoting at Rs 977, up by 1.43 per cent from the previous close.

The Board of Directors of the company will meet today to approve and take on record the audited financial results for the quarter and half-year ended September 30, 2010.

Market analysts are upbeat about the company posting healthy results in the September quarter.

Meanwhile, IT major Infosys Technologies was quoting 0.84 per cent down than the previous close while Wipro gained by 0.99 per cent.

The BSE 30-share index Sensex was trading higher at 19,974.80, up by 102.65 points after losing 111 points in the previous trading session.

Also Read

First Published: Oct 21 2010 | 10:59 AM IST

Next Story