The GIFT Nifty indicates a positive start for NSE Nifty 50 and BSE Sensex. Nifty 50 gained 37 points, closing at 19,444, while Sensex rose 46 points to reach 64,989. The Realty and Pharma Indices performed well, showing over a 1% gain.
Adani Group plans a $750 million investment in a 500 MW wind farm in Sri Lanka. Oil India reports an 80% drop in Q2 profit due to litigation charges. Reliance Capital sees a net loss of Rs 239 crore, while Tata Power's Q2 profit rises 8.8%.
Welspun Corp and Raymond also report positive Q2 results. Scheduled Q2 earnings today include Adani Ports & SEZ, Aurobindo Pharma, Apollo Hospitals, and more.