OICHARTS
8 AMThe 8 AM report →
ITHigh impactAfter close

TCS reports $2.6B AI revenue, boosting IT sector

after close1 source ↓written by the desknot a recommendation

sequential increase
13.6%
and a major
$800M contract with SKF

Tata Consultancy Services reported Q1 AI annualized revenue of $2.6B, a 13.6% sequential increase, alongside a quarterly deal value of $9.5B. Key wins include an $800M contract with SKF and a major deal with a Fortune Global 50 company. These results have driven an ~11% rebound in large IT stocks, enhancing overall market sentiment.

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 20 Jul 2026, 16:06 IST.

Sourcesnews.google.com

The market after the news

TCS closed −1.3% on the day of the news, from ₹2,251.10 to ₹2,221.10; Nifty −0.2% over the same session; futures OI +1.6%.

Bulletin at 16:06 IST on 20 Jul 2026. Every change is measured from ₹2,251.10, the last close before it, on 20 Jul. 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 it197322512529axis spans 28%before the news · 20 Jul2251Nifty 50TCSbulletinD0+1+3+514 Jul24 Jul4 AugFutures open interest, lotspeak 2.1 LReference close ₹2,251.10. 16 sessions from 14 Jul to 4 Aug; 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 %
Before20 Jul₹2,251.10basebase
On the day21 Jul₹2,221.10▼ −1.3%▼ −0.2%−1.1 pp difference
+1 session22 Jul₹2,208.30▼ −1.9%▼ −1.0%−0.9 pp difference
+3 sessions24 Jul₹2,254.30▲ +0.1%▼ −1.9%+2.1 pp difference
+5 sessions28 Jul₹2,398.00▲ +6.5%▼ −1.0%+7.6 pp difference
Gap at the open, % · ₹
▼ −0.3%−6.08 on 21 Jul
Day's range, % · ₹
1.8%≈ 41 high to low
Volume on the day
0.44×the 20-session average
Futures OI on the day
▲ +1.6%+3,200 lots · short build-up · price −1.3%
Futures OI open, lots
2.1 L21 Jul · 28 Jul expiry
Futures premium, ₹
+5.00+0.2% to spot
Puts per call, by OI
0.81from 0.88 the session before
Max pain
2,140from 2,140 the session before

Source NSE UDiFF bhavcopy · TCS on the desk →

Thread · TCSAll TCS bulletins →

Related