Q3 Results today: TCS, Infosys, HDFC AMC, others to announce Q3 earnings

Premium On Wednesday, the 30-share BSE Sensex ended higher by 271.50 points or 0.38% at 71,657.71 level while the Nifty 50 closed at 21,618.70 level, up 73.85 points or 0.34%..

Q3 results today: The Q3 earnings season officially began today (Thursday, January 11) with the release of Q3FY24 financial results from two major information technology (IT) companies, Tata Consultancy Services Ltd (TCS) and Infosys Ltd..

However, better-than-expected results may propel the market towards the 22,000 level," said Sheersham Gupta, Director and Senior Technical Analyst at Rupeezy..

The overall Indian IT sector is expected to report subdued earnings for the third quarter FY24 as the ongoing weakness in IT services demand has worsened due to unexpectedly high furloughs..

TCS is expected to report a tepid growth in revenue and profit after tax (PAT) for the third quarter of the current financial year (Q3FY24) on account of the prevailing weakness in discretionary spending in key markets in the West..

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