Markets climb in early deals on buying in IT stocks after TCS earnings
By
Biju Kumar
MUMBAI: Equity benchmark indices rallied in early trade on Friday amid buying in IT stocks after TCS announced its June quarter earnings.
The 30-share BSE Sensex climbed 226.11 points to 80,123.45 in early trade. The NSE Nifty went up by 82.1 points to 24,398.05.
Among the Sensex pack, Tata Consultancy Services climbed over 2 per cent after the country’s largest IT services player reported 8.7 per cent growth in the June quarter net profit at Rs 12,040 crore.