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Indian IT firms benefit from US banks' strong Q3 earnings

market hours1 source ↓written by the desknot a recommendation

Largecap Indian IT companies like TCS, Infosys, and HCL Tech are poised to gain from strong Q3 earnings reported by US banks. These banks continue to prioritize tech spending, enhancing the outlook for Indian IT providers. The BFSI sector remains a key revenue driver amid macroeconomic uncertainties.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 3 Nov 2025, 13:04 IST.

Sourcesnews.google.com

The market after the news

TCS closed −1.4% on the day of the news, from ₹3,058.00 to ₹3,016.80; Nifty +0.2% over the same session; futures OI +1.6%.

Bulletin at 13:04 IST on 3 Nov 2025. Every change is measured from ₹3,058.00, the last close before it, on 31 Oct. Nifty 50 is measured over the same sessions.

  • TCS close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
TCS closes around the bulletin against the close before the news, with Nifty 50 rebased to it268030583436axis spans 28%before the news · 31 Oct3058Nifty 50TCSbulletinD0+1+3+527 Oct7 Nov18 NovFutures open interest, lotspeak 1.7 LReference close ₹3,058.00. 16 sessions from 27 Oct to 18 Nov; the price axis spans 28 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before31 Oct₹3,058.00basebase
On the day3 Nov₹3,016.80▼ −1.4%▲ +0.2%−1.5 pp difference
+1 session4 Nov₹2,990.20▼ −2.2%▼ −0.5%−1.7 pp difference
+3 sessions7 Nov₹2,991.80▼ −2.2%▼ −0.9%−1.3 pp difference
+5 sessions11 Nov₹3,047.00▼ −0.4%▼ −0.1%−0.3 pp difference
Gap at the open, % · ₹
▼ −0.4%−11.01 on 3 Nov
Day's range, % · ₹
1.6%≈ 48 high to low
Volume on the day
0.66×the 20-session average
Futures OI on the day
▲ +1.6%+2,600 lots · short build-up · price −1.4%
Futures OI open, lots
1.6 L3 Nov · 25 Nov expiry
Futures premium, ₹
+18.30+0.6% to spot
Puts per call, by OI
0.66from 0.74 the session before
Max pain
3,080from 3,100 the session before

Source NSE UDiFF bhavcopy · TCS on the desk →

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