Stocks in Focus : Thursday, 05 November

GIFT Nifty Opening Update

GIFT Nifty opened today at 24,335.50. It is up 327.00 points (1.37%) from yesterday’s close of 23,950.00- so the trend is positive.

The Indian stock market is anticipated to open significantly higher on Thursday, November 5, as GIFT Nifty suggests a robust beginning for domestic benchmark indices. GIFT Nifty was trading around the 24,300 mark, reflecting an increase of nearly 350 points or 1.50% from the previous close of Nifty futures, indicating a strong opening for the Indian equity market. On Wednesday, Indian benchmark indices continued their upward trajectory for the fifth consecutive session, bolstered by robust buying interest in major financial, FMCG, and automobile stocks. Positive sentiment was further bolstered by foreign fund inflows and a decrease in crude oil prices. The BSE Sensex increased by 383.55 points, equivalent to 0.50%, concluding at 77,301.40, which represents its highest closing level in more than two months. During the session, the 30-share index advanced as much as 478.19 points, or 0.62%, to reach an intraday high of 77,396.04. The NSE Nifty 50 also concluded on a positive note, increasing by 149.75 points, or 0.63%, to close at 23,960.60.

Meanwhile, several stocks are likely to remain in focus on ThuRs day amid company-specific announcements and corporate developments. Updates concerning new order acquisitions, business performance, expansion strategies, and operational advancements may influence stock-specific movements throughout the trading session. On ThuRs day, shares of Bharti Airtel, Life Insurance Corporation of India, Titan, Nykaa, Torrent Power, Dabur India, and Lenskart are attracting attention.

Equities to Monitor:

• Bharti Airtel, LIC, Titan, Mahindra & Mahindra, Oil and Natural Gas Corporation, Bharat Forge, LG Electronics, Bharti Hexacom, Britannia Industries shares are set to attract attention on ThuRs day as these companies unveil their Q2 results for 2026 today.
• Nykaa reported a net profit of Rs 101.2 crore in Q2 FY27, reflecting a more than threefold increase from Rs 33 crore in the same quarter of the previous financial year.
• BSE posted a 44.9% year-on-year growth in net profit to Rs 809.15 crore for the September quarter, against Rs 558.43 crore in the year-ago period.
• Lenskart Solutions has announced a remarkable 122.1% year-on-year increase in consolidated net profit, reaching Rs 227.08 crore in the second quarter of FY27, up from Rs 102.22 crore in the same quarter of the previous year. Revenue from operations rose by 35.7%, reaching Rs 2,845.03 crore, up from Rs 2,096.14 crore in Q2 FY26.
• Dabur India recorded a 12% YoY rise in net profit to Rs 506 crore in Q2 FY27, compared with Rs 453 crore a year earlier. This represented the firm’s fourth successive quarter of double-digit profit expansion. Revenue experienced a notable increase of 11.7%, rising to Rs 3,563 crore from the previous figure of Rs 3,191 crore.
• Torrent Power reported a 12.9% year-on-year increase in net profit to Rs 838 crore for the September quarter. Revenue increased by 24.5%, reaching Rs 9,802 crore, compared to Rs 7,876 crore in the same quarter of the prior year.
• Adani Power has formalised a 25-year Power Supply Agreement with Uttarakhand Power Corporation Limited to deliver 1,234 MW of ex-bus net thermal power. The agreement is supported by an installed generation capacity of 1,320 MW.
• RITES disclosed operating revenue amounting to Rs 557 crore and an EBITDA of Rs 123 crore for the quarter. Its EBITDA margin was recorded at 22.1%, with profit after tax amounting to Rs 97 crore, resulting in a margin of 16.7%.
• National Aluminium Company is progressing with its proposed brownfield expansion project at its Angul smelter in Odisha. The project aims to augment the company’s aluminium smelting capacity by 0.5 million tonnes per annum.
• Aurobindo Pharma reported a 52.5% year-on-year rise in net profit, reaching Rs 1,124 crore for the quarter ending September 2026, in contrast to Rs 848 crore during the same period last year. The company’s board has also sanctioned an interim dividend of Rs 7 per equity share, with a face value of Rs 1 each.