How to trade TCS post Q1 results? Key levels to track on Infy, HCLT, Wipro

Shares of IT companies led the rally on Dalal Street this Friday morning after IT major – TCS beat Bloomberg estimates on the earnings front. The S&P BSE Sensex gained 100 points or 0.2 per cent at 80,040 levels, while the NSE Nifty 50 index advanced 0.2 per cent to 24,370 levels.

On Thursday post market hours, TCS reported its Q1FY25 results. The company’s net profit grew 8.7 per cent year-on-year (Y-o-Y) to Rs 12,040 crore, revenue increased 5.4 per cent Y-o-Y to Rs 62,613 crore, and margins expanded 1.5 per cent Y-o-Y to 24.7 per cent.