TCS kicks off the results season; Sensex, Nifty extend gains for eighth straight session; more

Tata Consultancy Services (TCS) kicked off the results season on Wednesday. The country's largest IT services exporter reported a 14.76 per cent year-on-year (YoY) rise in consolidated net profit at Rs 11,392 crore for the March quarter compared with Rs 9,926 crore in the same quarter last year. Analysts were expecting profit growth in the 14-19 per cent range.

And the Indian equity indices extended gains for the eighth straight session on positive global and domestic cues.