Stocks to watch today: Bharti Airtel, LIC, Nykaa and others in focus
Indian equity benchmarks are expected to open higher on Thursday as several companies report quarterly results and announce corporate developments.
The Indian stock market is expected to open sharply higher on Thursday, November 5, according to Mint, as the GIFT Nifty indicated a strong start. On Wednesday, the BSE Sensex climbed 383.55 points to close at 77,301.40, while the NSE Nifty 50 gained 149.75 points to settle at 23,960.60.
Several stocks are in focus due to quarterly earnings. Nykaa reported a net profit of ₹101.2 crore for Q2 FY27, a more than threefold increase from ₹33 crore in the previous year. Lenskart Solutions saw a 122.1% year-on-year surge in consolidated net profit to ₹227.08 crore.
BSE reported a 44.9% year-on-year growth in net profit to ₹809.15 crore for the September quarter. Dabur India recorded a 12% rise in net profit to ₹506 crore, while Torrent Power reported a 12.9% increase in net profit to ₹838 crore.
Aurobindo Pharma posted a 52.5% year-on-year increase in net profit to ₹1,124 crore for the quarter ended September 2026. RITES reported a profit after tax of ₹97 crore for the quarter.
Corporate developments are also driving interest. Adani Power has entered a 25-year Power Supply Agreement with Uttarakhand Power Corporation Limited to supply 1,234 MW of thermal power. NALCO is advancing a brownfield expansion project at its Angul smelter in Odisha.
Other companies set to announce quarterly earnings include Oil and Natural Gas Corporation, Bharti Airtel, Titan, Mahindra & Mahindra, and Life Insurance Corporation of India (LIC).