Indian equity benchmarks staged a modest recovery on Thursday, reversing a sharp 2% decline recorded in the previous session.
The Nifty 50 rose 0.34% to close at 23,962.80, while the BSE Sensex added 0.31% to finish at 76,741.82.
The rebound suggests that selling pressure has eased, though sentiment remains cautious as traders navigate a complex mix of corporate and geopolitical headwinds.
Market focus is now squarely on quarterly earnings from Tata Consultancy Services (TCS), one of India’s largest IT firms.
As a bellwether for the sector, TCS’s results will provide critical insight into demand trends for global technology services and the impact of broader economic conditions on corporate IT spending.
Investors are closely monitoring whether the company can sustain growth momentum amid shifting client priorities.