Nifty's 82K Breach: TCS Q2 Fuels Rally as Shutdown Shadows Fade

Nifty’s 82K Breach: TCS Q2 Fuels Rally as Shutdown Shadows Fade

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Nifty pierced 82,000 Oct 10, +2.5% weekly adding ₹5.5L Cr cap, anchored by TCS’s ₹12,075 Cr Q2 profit (1% up). “Domestics dodge global gloom,” per Morgan Stanley’s 7% GDP tweak, with #TCSRally 1.8M posts.

Revenue ₹65,799 Cr (+2%); deal wins $8.5B. Vs. 2024’s flat Q2, AI hires (5K) tipped scales. FIIs out ₹8L Cr YTD, but SIPs ₹3.1T FY25 fill voids.

Profit Pulse: IT’s Incremental Edge

NSE data: IT index +4%; vs. Hang Seng -12%. Retail AUM ₹68T (+25% YoY).

Market Moods

X bulls: “TCS = tech tempo!” Bears eye 24x P/E vs. 20x avg. Picks: Infosys, Wipro.

FY26 Forecast: Flows Fortify

Private capex +18%; green $4.5B FDI.

Equity Essentials

SIP 70% portfolio; rebalance Q4.

  • Cap Climb: +₹5.5L Cr; TCS +1% to ₹12,075 Cr.
  • IT Impulse: +4% index; $8.5B deals.
  • P/E Probe: 24x; 85K Nifty target.

Also Read Nifty’s 81,596 Peak: Domestic Flows Defy Geopolitics, Rally to 85K in Sight?

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