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The shares of Bharti Hexacom will debut on the exchanges on Friday. Based on the GMP trends, the stock is expected to see a healthy listing of around 12-15%.
TCS anticipates sequential growth in Q4 driven by BFSI and manufacturing sectors. Operating margin estimates 25.2-27.2%. Key focus on FY25 outlook, Hi-Tech, telecommunications, US, Europe, and Accenture Plc. Investor interest in Dalal Street.
Stocks to watch: Shares of firms like TCS, Bharti Hexacom, Wipro, Voda Idea, PVR Inox, BoB, and others will be in focus on Friday's trade.
Q4 results today: Motilal Oswal Financial Services said that TCS may report a 2.2% quarter-on-quarter (QoQ) growth in constant currency (CC) terms.
Banks spending more on technology to meet regulatory mandates, companies upgrading SAP systems and a broader increase in technology spending after US elections due in November are some of the factors that have raised demand recovery prospects for Indias $245 billion-plus IT services sector next year.