Domestic stock indices NSE Nifty and BSE Sensex opened higher on the back of positive signals from around the world, including a potentially less hawkish Fed. The Nifty gained 100 points to 17,961, while the Sensex recovered 60,150 points, up 0.46% in early trade. The broader market opened higher, led by Wall Street, with the Nifty Midcap 100 and Nifty Smallcap 100 up nearly 1% each. Sector-wise, all indices opened in the green except Nifty Consumer Durables. Nifty IT pared losses in the previous session to rise 1.21%, while Nifty Metal added 1.58%. Reliance Industries, Infosys and TCS led gains in the BSE Sensex-30 index.

TCS will report its third-quarter results today. According to the brokerage, the company’s consolidated revenue may increase by 16.4% year-on-year, and consolidated profit after tax (PAT) is expected to increase by 15.1% year-on-year. One important thing to note is TCS’ third interim dividend announcement.

Domestic stock indexes NSE Nifty and BSE Sensex opened higher on positive signals worldwide, including that the Federal Reserve may become less hawkish in 2023. The Nifty climbed 100 points to 17,961, while the Sensex reclaimed the 60,150 level, up 0.46% in the morning.

Benchmark Indian stocks NSE Nifty and BSE Sensex ended higher in the pre-morning session. The Nifty gained 93 points to recover 17,950 points, while the Sensex gained 246 points or 0.41% to close at 60,147 points.