Indian shares set to open higher on strong TCS earnings

Indian benchmarks are expected to rise on Friday following better than expected results from TCS. The market is on track to end a six-week losing streak.

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Equity markets in India are expected to open higher on Friday, supported by strong quarterly performance from Tata Consultancy Services. The GIFT Nifty futures indicate that the UTI NIFTY 50 ETF will likely start the day above its previous close, as investor sentiment improves despite lingering geopolitical tensions.

A man walks past a logo of Tata Consultancy Services (TCS) before a press conference announcing the company's quarterly results in Mumbai, India. REUTERS/Francis Mascarenhas/File Photo
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