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.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app