Stock markets rebound in early trade led by TCS, other IT firms
The Indian stock market opened higher on Friday, with the Nifty 50 and Sensex increasing by 0.5% after Tata Consultancy Services (TCS) reported strong Q2 results. IT stocks surged nearly 3% despite the U.S. suspending PERM applications for eight major Indian IT firms. Investors will watch for further market reactions as trading continues.