Tata Consultancy Services (TCS) shares surged nearly 5% on Friday morning as the IT heavyweight reported an impressive 11.95% rise in net profit for the December quarter, reaching ₹12,380 crore. The stock rallied to ₹4,227.70 on the BSE, climbing 4.73%, and hit ₹4,225 on the NSE, up 4.60%. This surge added ₹69,829 crore to TCS’s market valuation, propelling it to ₹15.30 lakh crore and making it the top gainer among Sensex and Nifty constituents in an otherwise muted market. The broader IT sector also saw a ripple effect, with stocks like Tech Mahindra, Infosys, HCL Tech, and Wipro trading in positive territory. Notably, new order bookings stood at $10.2 billion, a sharp jump from $7.9 billion in the year-ago quarter. CEO K Krithivasan acknowledged ongoing macroeconomic challenges but highlighted the diversified nature of the new orders across industries, geographies, and service lines, which provides “good visibility to long-term growth.” With a strong earnings report and optimistic projections, TCS has reaffirmed its position as a bellwether for the IT sector, offering a glimmer of optimism in an otherwise challenging environment.