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TCS, Infosys trade firm ahead of Q3 results

Infosys was up nearly 3% at Rs 997, while TCS up 1% at Rs 2,345 on the NSE.

TCS, Infosys
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SI Reporter Mumbai
Shares of Tata Consultancy Services (TCS) and Infosys were trading firm on the National Stock Exchange (NSE) ahead of their October-December results (Q3FY17).

Infosys was up nearly 3% at Rs 997, while TCS up 1% at Rs 2,345 on the NSE, as compared to 1.56% rise in Nifty IT index and 0.26% gain in the Nifty 50 index at 03:00 pm.

TCS is schedule to announce its Q3 results today, on January 12, 2017, and Infosys will declare its Q3 earnings on Friday, January 13.

Q3 is typically a soft quarter for information technology (IT) sector due