Markets remained under pressure on Thursday, extending their losing streak for the fourth consecutive session amid persistent geopolitical concerns. Technically, analysts say the Nifty has once again retested the lower band of its prevailing consolidation range of 23,800-24,400. A decisive break below this support could trigger the next leg of the decline towards the 23,600 zone, which coincides with the rising trendline support.
In today's trade, shares of Infosys, Cipla, Meesho, Suzlon Energy, IndiGo, NTPC among others will be in focus due to various news developments and first quarter results.
IT services major Infosys reported 12% year-on-year (YoY) growth in its consolidated net profit at Rs 7,769 crore in the first quarter. The same stood at Rs 6,921 crore in the last year quarter. Revenue from operations in the reporting period increased 14% YoY to Rs 48,211 crore.
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Meesho narrowed its June-quarter loss as marketplace revenue rose sharply and operating metrics improved, helped by higher user engagement, better delivery conversion and stronger platform monetisation. The company reported a loss of Rs 133 crore for the quarter ended June 30, 2026, compared with a loss of Rs 289 crore in the same quarter.
Cipla on Thursday reported a 39% fall in consolidated net profit for the June quarter to Rs 789 crore as weakness in its North America business and lower operating margins offset record revenue from its domestic market.
Wipro Consumer Care & Lighting will acquire TTK Healthcare Ltd.’s Good Home and Eva brands for Rs 256 crore, expanding its home care and personal care portfolio as consumer companies increasingly use acquisitions to drive growth.
Suzlon on Thursday said it has secured a 201.6MW wind energy project order in Andhra Pradesh from Waaree Forever Energies.
Dr Reddy's Laboratories expects to resume supplies of its generic semaglutide by November after resolving quality issues over the active pharmaceutical ingredient (API) that forced it to halt shipments, chief executive Erez Israeli said.
Budget carrier IndiGo reported a loss of Rs 238 crore in the first quarter, compared with a profit of Rs 2,176 crore in the same quarter last year. Revenue from operations increased 20% YoY to Rs 24,584 crore.
NTPC, Shriram Finance, SBI Life, Bank of Baroda, Tata Consumer, Sterlite
Shares of NTPC, Shriram Finance, SBI Life, Bank of Baroda, Tata Consumer and Sterlite will be in focus as the companies will announce their first quarter results.
