TCS shares have surged 8% over the past two sessions after the IT major reported strong Q1 earnings and announced a multi-million-dollar AI-led network transformation deal with ABB. While technical indicators point to improving momentum, analysts remain divided on whether the recent rally marks the beginning of a sustained trend reversal.

TCS shares rise 1% after strong Q1 earnings and optimistic demand outlook, boosting market valuation by ₹7,706 crore.

Happy Monday! TCS top deck told us that the coming quarters will see macroeconomic pressures ease and AI deals swell. This and more in todays ETtech Morning Dispatch.