India’s BSE Sensex rose about 0.7% to 77,148 on Friday, recovering from the previous session’s losses, with sentiment supported by upbeat quarterly results from Tata Consultancy Services. TCS reported a 9.7% increase in revenue and a 12.2% rise in net profit for the March quarter, adding that emerging artificial intelligence tools have not reduced demand for its services. However, gains may be limited by ongoing concerns over the stability of the US-Iran ceasefire, which could keep volatility elevated and risk appetite cautious. The benchmark index has gained 5.2% so far this week and is on track to snap a six-week losing streak, driven by optimism following the ceasefire announcement. Key movers included Ola Electric (+6.8%), HDFC Bank (+1%), Billionbrains Garage (+3.9%), Garden Reach (+3.8%), and Shriram (+2.4%).

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