By Nandan Mandayam and Hritam Mukherjee (Reuters) -Shares of India's Tata Consultancy Services rose 6% on Friday, set for the best day since July, as investors overlooked the company's tepid performance in North America and focused on the CEO's remarks signalling a potential revival in demand.

TCS shares rise 4% on demand revival optimism, CEO sees confidence in future programs despite weak North American revenue.

Based on the order book and customer discussions, there is confidence that discretionary spending will increase, says K Krithivasan, CEO of Tata Consultancy Services.

Shares of India's No. 1 software services exporter Tata Consultancy Services jumped 4% in early trade on Friday, set for their best day since late-November, as the company signalled it was seeing signs of a demand revival.

India’s largest IT services firm reported consolidated net profits that were in line with estimates, but its revenues missed the forecast of brokerages