Shares of Adani group companies rallied up to 7% in intraday deals today after Samir Arora's Helios Capital picked up stake in the flagship Adani Enterprises.

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Zensar Technologies, CDSL, Bandhan Bank and MRPL from the Nifty Smallcap 100 index rallied between 5% and 12% in Friday's intra-day trade.

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On the sectoral front, Nifty Realty ended the day as the top gainer, followed by Nifty PSU Banks. Both indices closed over 3 per cent higher.

Why is market rallying today?

TCS reported a 4.61 per cent Y-o-Y increase in its net profit to ₹13,349 crore for Q1 FY27. Its revenue jumped by 13.9 per cent Y-o-Y to ₹72,275 crore.

TCS share price today

PSU Bank index logged its sharpest intra-day gain in three months on Friday. Analysts expect PSU Banks to outdo private peers on earnings front on improvement in asset quality and high credit growth.

Nifty PSU surges 4% in Friday's intra-day trade; Indian Bank surged 10%.

SBI Funds Management's IPO price band of ₹545 to ₹574 implies a price-to-earnings (P/E) multiple of 36 to 38 times FY26 earnings, based on an earnings per share (EPS) of ₹15.08

SBI Funds Management IPO

Technical analyst at Mirae Asset Sharekhan believes that the short-term trend for TCS seems 'Neutral', but 'Bullish' from the medium-term perspective; hence expects an upside towad ₹2,500 levels.

Technical outlook on TCS post Q1 results: Stock can surge to ₹2500 levels, says Muthuselvaraj of Mirae Asset Sharekhan.

HCL Tech Q1 results expectation: HCL Technologies will post its Q1FY27 results on July 13 after market hours. The company's board will also consider second interim dividend.

HCL Tech q1 results preview

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Q1 Results

Investors cheer TCS Q1 results as stock jumps 4%; analysts bet on deal wins

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