Opening bell: Sensex, Nifty to open higher; Infosys, Dr Reddy's, Tata Consumer, IndusInd Bank, BEML, Tilaknagar Ind shares in focus

Indian equity benchmarks, the BSE Sensex and NSE Nifty, are set to open in the green on Thursday, tracking positive cues from Asian peers and a firm closing on Wall Street. In overnight trade, all three major U.S. indices ended higher after the United States struck a trade deal with Japan, lifting hopes of further tariff agreements ahead of key earnings reports from Elon Musk’s Tesla and Google’s parent Alphabet. In Asia, the Japanese market extended its rally for the second consecutive day, gaining over 1% following the U.S.-Japan trade agreement.

As of 6:40 AM, GIFT Nifty futures were trading 34 points higher at 25,282, indicating a gap-up start for the Indian share market.

On Wednesday, Indian equities ended higher, buoyed by global optimism following the U.S.-Japan trade agreement. Positive cues from global peers, especially Asian counterparts, along with ongoing progress toward finalising the India-U.K. free trade agreement (FTA) and continued momentum in global trade negotiations, supported overall market sentiment.

The BSE benchmark Sensex surged 540 points, or 0.66%, to close at 82,726.64, while the Nifty jumped 159 points, or 0.63%, to settle at 25,219.90. Underperforming the benchmark indices, the broader market ended with modest gains amid valuation concerns. The Nifty MidCap 100 closed 0.34% higher, while the Nifty SmallCap 100 ended flat.

Stocks to watch

Q1 results today: Nestle India, Bajaj Finance, Adani Energy Solutions, SBI Life Insurance Company, Canara Bank, ACC, Aditya Birla Sun Life AMC, APL Apollo Tubes, CG Power and Industrial Solutions, Coromandel International, Cyient, Hexaware Technologies, Indian Energy Exchange, Indian Bank, Motilal Oswal Financial Services, Mphasis, REC, and UTI Asset Management Company will announce their June quarter results today.

Infosys : India’s second largest IT services and consulting firm posted a revenue of $4.9 billion dollars for the first quarter of FY26. In constant currency terms, this represented a sequential growth of 2.6% and a 3.8% growth year-on-year.

Dr Reddy’s Laboratories: The drug major reported a modest year-on-year (YoY) growth in consolidated net profit, which rose by 1.9% to ₹1,417.8 crore compared to ₹1,392 crore in the same quarter last year.

Tata Consumer Products : The Tata group company posted a 15% YoY increase in consolidated profit, reaching ₹334.2 crore against ₹290.3 crore a year ago.

Bajaj Housing Finance : The housing finance company reported a strong quarter, with profit up 20.7% YoY to ₹583 crore from ₹483 crore.

CMS Info Systems: The company delivered a stable performance, with net profit increasing 3% YoY to ₹93.6 crore versus ₹90.8 crore. Revenue rose 4.7% to ₹627.4 crore from ₹599.4 crore, indicating moderate growth in managed services and ATM cash logistics operations.

Persistent Systems: The IT services firm reported impressive earnings, with profit surging 38.7% YoY to ₹424.9 crore compared to ₹306.4 crore.

Cigniti Technologies: The firm witnessed a remarkable turnaround in Q1, with profit zooming 527.6% to ₹65.9 crore from ₹10.5 crore.

Oracle Financial Services Software: The IT company posted a 4.1% YoY growth in net profit, which stood at ₹641.9 crore compared to ₹616.7 crore. Revenue rose 6.4% to ₹1,852.2 crore from ₹1,741.4 crore, driven by steady deal wins and platform growth.

Force Motors: The automobile company posted a strong 52.4% YoY rise in profit at ₹176.4 crore compared to ₹115.7 crore.

Bikaji Foods International: The company saw its profit increase marginally by 2.8% to ₹59.9 crore from ₹58.3 crore, while revenue rose a healthy 14.2% YoY to ₹652.7 crore compared to ₹571.6 crore.

Tilaknagar Industries: The Liquor maker announced the acquisition of the Imperial Blue business division from Pernod Ricard India through a slump sale deal worth ₹4,150 crore.

IndusInd Bank : The board of the private lender has approved raising up to ₹20,000 crore through debt instruments via private placement and up to ₹10,000 crore through equity issuance.

BEML : The PUS has secured a ₹293.82 crore order from the Ministry of Defence for supplying HMV 6x6 high-mobility vehicles, strengthening its defense manufacturing portfolio.

Natco Pharma: The drug  maker has received board approval to acquire a 35.75% stake in South Africa’s Adcock Ingram Holdings for ₹2,000 crore.

Reliance Industries: Welspun Corp has offloaded an additional 9.9% equity stake in Nauyaan Shipyard to Nauyaan Tradings (a wholly-owned subsidiary of Reliance Strategic Business Ventures) for ₹54.70 crore. 

India Pesticides: The company has announced a new 4,000 MT capacity project at its Sandila plant for manufacturing 26 DEA, a key raw material for herbicides like Pretilachlor and Butachlor.

(DISCLAIMER: The views and opinions expressed by investment experts on fortuneindia.com are either their own or of their organisations, but not necessarily that of fortuneindia.com and its editorial team. Readers are advised to consult certified experts before taking investment decisions.)