Indices inch higher, Nifty over 10,600; TCS m-cap hits $100bn

Benchmark indices were trading marginally higher despite weakness in their Asian counterparts, which started in muted fashion on Monday as investors braced for a bevy of earnings from the world’s largest corporations, while keeping a wary eye on US bond yields as they approached peaks that had triggered ructions in the past. Among individual stocks, Tata Consultancy Services (TCS) has become the first Indian $100 billion- dollar company in terms of market capitalisation (market-cap), after the stock of the IT bellwether hit a new high on Monday.

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