Stock Market Opening Bell: Sensex, Nifty open flat with positive bias; TCS, Tata Elxsi in focus ahead of Q2 results

Stock Market Opening Bell: Indian stock markets opened flat but with a slight positive bias on Thursday, taking cues from strong global sentiment. Asian equities traded higher after the S&P 500 and Nasdaq Composite ended at record highs overnight on Wall Street, lifting overall risk appetite.

At 9:17 am, the BSE Sensex was up 17 points, or 0.02 per cent, at 81,791, while the Nifty50 rose 17 points, or 0.07 per cent, to 25,063. The broader markets also opened on a firm note, with the Nifty MidCap index up 0.3 per cent and the Nifty SmallCap index gaining 0.21 per cent.

Global cues support sentiment

Add Zee Business as a Preferred Source

Investor mood was further buoyed by easing geopolitical tensions after US President Donald Trump announced that Israel and Hamas had agreed to the first phase of a US-brokered peace plan, aimed at pausing hostilities in Gaza and enabling the release of hostages and prisoners.

Asian peers mirrored this optimism, with Japan’s Nikkei, Hong Kong’s Hang Seng, and South Korea’s Kospi all trading higher in early deals.

Q2 earnings in focus

Back home, stock-specific action dominated the market as several companies prepared to release their second-quarter (Q2 FY26) results. Major names on the earnings calendar today include Tata Consultancy Services (TCS), Tata Elxsi, GM Breweries, Eimco Elecon (India), Aris International, Ashiana Ispat, Avasara Finance, Evoq Remedies, and Triton Corp.

TCS, India’s largest IT services company, will kick off the Q2 earnings season for the IT sector, with investors closely watching its commentary on deal pipeline and demand outlook amid global economic uncertainty.

Broader outlook

Analysts expect market volatility to persist in the near term as investors track global cues, macroeconomic data, and Q2 earnings updates. Overall, Indian equities are expected to remain range-bound in the short term, supported by strong domestic fundamentals but capped by global uncertainties.