{"id":28411,"date":"2026-04-10T02:51:09","date_gmt":"2026-04-10T02:51:09","guid":{"rendered":"https:\/\/indiabulletinusa.com\/wordpress\/2026\/04\/10\/indian-stocks-poised-for-a-strong-start-following-positive-tcs-results\/"},"modified":"2026-04-10T02:51:09","modified_gmt":"2026-04-10T02:51:09","slug":"indian-stocks-poised-for-a-strong-start-following-positive-tcs-results","status":"publish","type":"post","link":"https:\/\/indiabulletinusa.com\/wordpress\/2026\/04\/10\/indian-stocks-poised-for-a-strong-start-following-positive-tcs-results\/","title":{"rendered":"Indian Stocks Poised for a Strong Start Following Positive TCS Results"},"content":{"rendered":"<p><br \/>\n<\/p>\n<p><strong>Indian Stock Market Set for Positive Start<\/strong><\/p>\n<p>April 10, 2023 \u2013 Indian shares are expected to open on a strong note today, bolstered by better-than-anticipated quarterly results from Tata Consultancy Services (TCS). However, worries about the stability of the recent U.S.\u2013Iran ceasefire may keep investor enthusiasm in check.<\/p>\n<p>As of 8:08 a.m. IST, GIFT Nifty futures were trading at 23,909.50, suggesting that the benchmark Nifty 50 will start above Thursday&#8217;s closing level of 23,775.10.<\/p>\n<p>TCS announced a 9.7% growth in revenue and a 12.2% rise in net profit for the March quarter. The company also noted that new artificial intelligence tools haven&#8217;t reduced the demand for its services.<\/p>\n<p>Vikas Ahuja, an analyst from Antique Stock Broking, mentioned, \u201cEven though economic uncertainties continue, the outlook appears more positive compared to previous quarters.\u201d<\/p>\n<p>The Nifty 50 and Sensex have risen 4.7% and 4.5% respectively this week, breaking a six-week losing streak following the U.S.\u2013Iran agreement on a temporary two-week ceasefire.<\/p>\n<p>Across Asia, stocks increased by about 0.9%, and crude oil prices fell below $100 per barrel. This comes after Israel announced plans to begin direct negotiations with Lebanon soon. However, Iran pointed to ongoing strikes by Israel on Lebanon as a major issue in its agreement with the U.S.<\/p>\n<p>In local markets, foreign investors sold off Indian stocks on Thursday, bringing total outflows for April to $4.9 billion. <\/p>\n<p>Ankur Punj, managing director at Equirus Wealth, commented, \u201cThe current valuations of Indian equities are very appealing. The recent market correction due to the Iran conflict has tilted the risk-reward balance towards high equity exposure. Positive earnings reports could lead to a rally in domestic markets.\u201d<\/p>\n<p><strong>Stocks to Watch:<\/strong><\/p>\n<ul>\n<li><strong>JSW Steel<\/strong> reported an 8% year-on-year increase in crude steel production for fiscal year 2026.<\/li>\n<li><strong>Ashiana Housing<\/strong> has acquired 28.55 acres of land in Pune, which holds a sales potential of 18 billion rupees (around $194.7 million).<\/li>\n<li><strong>Container Corporation<\/strong> posted a total throughput of 1.4 million TEUs, marking a 6% increase compared to the previous year.<\/li>\n<\/ul>\n<p>(Report by Bharath Rajeswaran in Bengaluru; Editing by Sumana Nandy)<\/p>\n\n","protected":false},"excerpt":{"rendered":"<p>Indian Stock Market Set for Positive Start April 10, 2023 \u2013 Indian shares are expected to open on a strong note today, bolstered by better-than-anticipated quarterly results from Tata Consultancy Services (TCS). However, worries about the stability of the recent U.S.\u2013Iran ceasefire may keep investor enthusiasm in check. As of 8:08 a.m. IST, GIFT Nifty<\/p>\n","protected":false},"author":1,"featured_media":28412,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rank_math_lock_modified_date":false,"footnotes":""},"categories":[28],"tags":[36586,3054,3131,36585,36587,23466],"class_list":{"0":"post-28411","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-india-news","8":"tag-antique-stock-broking","9":"tag-indian-shares","10":"tag-iran","11":"tag-quarterly-results","12":"tag-risk-appetite","13":"tag-tata-consultancy-services"},"_links":{"self":[{"href":"https:\/\/indiabulletinusa.com\/wordpress\/wp-json\/wp\/v2\/posts\/28411","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/indiabulletinusa.com\/wordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/indiabulletinusa.com\/wordpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/indiabulletinusa.com\/wordpress\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/indiabulletinusa.com\/wordpress\/wp-json\/wp\/v2\/comments?post=28411"}],"version-history":[{"count":0,"href":"https:\/\/indiabulletinusa.com\/wordpress\/wp-json\/wp\/v2\/posts\/28411\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/indiabulletinusa.com\/wordpress\/wp-json\/wp\/v2\/media\/28412"}],"wp:attachment":[{"href":"https:\/\/indiabulletinusa.com\/wordpress\/wp-json\/wp\/v2\/media?parent=28411"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/indiabulletinusa.com\/wordpress\/wp-json\/wp\/v2\/categories?post=28411"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/indiabulletinusa.com\/wordpress\/wp-json\/wp\/v2\/tags?post=28411"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}