Asian markets rise as U.S. inflation rate for June comes in lower than expected at 3%, boosting investor sentiment. South Korea's Kospi up 0.81% as Bank of Korea maintains key policy rate at 3.5%.
TCS Q1 results: Net profit rises 16.8% to Rs 11,074 crore, revenue at Rs 59,381 crore; strong TCV deal wins drive growth.
HCLTech's Q1FY24 net profit up 7.6% YoY at Rs 3,534 crore, but down 11.2% sequentially; consolidated revenue grows 12% YoY at Rs 26,296 crore.
India's retail inflation rises to 4.81% in June, ending four-month decline, driven by higher vegetable prices and fading base effect.
India's industrial output rises 5.2% in May, surpassing expectations and reaching a three-month high, according to Ministry data.