IST, the barometer index, the S&P BSE Sensex, declined 332.78 points or 0.43% to 77,815.71. The Nifty 50 index fell 130.85 points or 0.55% to 23,558.10.

TCS Q3 results 2025 are likely to be muted with a marginal rise in net profit and flat revenue growth on a sequential basis.

Analysts noted that while downside risks have eased, Nifty needs to reclaim 23,752 to signal a potential upmove toward 23,900–24,000 levels.

Stay tuned to Moneycontrol's live blog as Tata Consultancy Services (TCS) gears up to release its Q3 earnings on January 9, marking the start of the October-December earnings season.