market valuation

The rally in TCS stocks was apparently driven by HCL Technologies’ mid-quarter review and guidance. HCL is expecting revenue growth of 3.5% in this after, after reporting loss of 7.2% in June quarter.

Apple's strong fiscal third-quarter earnings released on Thursday boosted its stock as investors rallied behind the company's 11 per cent year-over-year growth. It also announced a 4-for-1 stock split.