Nifty futures on Singapore Exchange traded 150 points higher at 15,766 around 8.30 am, indicating a gap-up start for the benchmark indices on Thursday.
Here are the top stocks that are likely to be in focus today:
Results Today: Forty-four companies including Hindustan Unilever, Bajaj Auto, Ultratech Cement, Biocon, Hindustan Zinc, IIFL Securities, IndiaMART InterMESH and Wockhardt will release their quarterly earnings today.
Brokerages project Bajaj Auto's profit and revenue to more than double on a yearly basis but on quarter-on-quarter (QoQ) terms, the figures are likely to decline. Profitability is expected to be supported by a better mix, price hikes and cost-control