Equity benchmark indices Sensex and Nifty 50 are poised for a continued recovery rally, buoyed by optimism surrounding a potential diplomatic solution to the West Asia conflict. As of 7:20 AM, the Gift Nifty traded 62 points higher at 24,311, following a 1.63% increase on Wednesday. Asian markets also reflected this positive sentiment, with South Korea's Kospi and Japan's Nikkei 225 rising by 1.7% and 1.6%, respectively.

Key stocks to watch include Wipro, which is expected to announce its Q4 results today, potentially alongside a share buyback and dividend declaration. HDB Financial Services reported a 41% year-on-year profit growth, reaching ₹751 crore for Q4FY26, with net interest income rising 21.6% to ₹2,399 crore. In contrast, Tejas Networks reported a widening loss of ₹211 crore for the same quarter, a significant decline from the previous year’s loss of ₹72 crore. Brigade Enterprises announced plans for a ₹7,200 crore township project in Bengaluru, while Tata Group stocks are in focus following remarks by chairman N Chandrasekaran about expanding the group's presence in Uttar Pradesh. Overall, the market is reacting positively to corporate earnings and geopolitical developments.