Published on: Apr 10, 2026 8:29:05 AM IST
The National Stock Exchange building in Bandra Kurla Complex, Mumbai.
India’s stock market is poised to open higher today, supported by the better-than-expected quarterly results from Tata Consultancy Services Ltd., even as concerns over the durability of a US–Iran ceasefire may keep risk appetite in check. GIFT Nifty futures were trading at 23,909.50 as of 8:08 am, indicating that the benchmark Nifty 50 will open above Thursday’s close of 23,775.10.
TCS closed FY26 with a modest recovery in quarterly growth, but not enough to offset a broader slowdown that pushed it into its first full-year revenue decline in dollar terms since listing.
“Management commentary suggests that while macro uncertainty persists, the outlook is more construction versus prior quarters,” said analysts led by Vikas Ahuja of Antique Stock Broking.
Elsewhere in Asia, equities rose about 0.9%, while crude prices traded below $100 a barrel after Israel said it would start direct negotiations with Lebanon as soon as possible. Meanwhile, Iran cited Israel’s ongoing strikes on Lebanon as a key sticking point in its agreement with Washington DC.
Back home, foreign portfolio investors offloaded Indian stocks on Thursday, taking the total outflows for April so far to $4.9 billion.
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TCS closed FY26 with a modest recovery in quarterly growth, but not enough to offset a broader slowdown that pushed it into its first full-year revenue decline in dollar terms since listing.
“Management commentary suggests that while macro uncertainty persists, the outlook is more construction versus prior quarters,” said analysts led by Vikas Ahuja of Antique Stock Broking.
Elsewhere in Asia, equities rose about 0.9%, while crude prices traded below $100 a barrel after Israel said it would start direct negotiations with Lebanon as soon as possible. Meanwhile, Iran cited Israel’s ongoing strikes on Lebanon as a key sticking point in its agreement with Washington DC.
Back home, foreign portfolio investors offloaded Indian stocks on Thursday, taking the total outflows for April so far to $4.9 billion.
Follow all the updates here:
Apr 10, 2026 8:25:24 AM IST
Sensex Nifty LIVE: Stocks to watch today
• JSW Steel Ltd. registers 8% year-on-year rise in total crude steel production in FY26.
• Ashiana Housing Ltd. buys 28.55 acres of land in Pune with a sales value potential of ₹1,800 crore.
• Container Corp. posts total throughput of 1.4 million TEUs, up 6% year-on-year.
