From Gift Nifty, TCS Q1 results to US tech stocks rally: 10 key things that changed for Indian stock market overnight

Indian stock markets are expected to open higher on Friday, tracking a rally in US and Asian markets led by semiconductor stocks and easing concerns over US-Iran escalation, with Gift Nifty trading at a premium of around 105 points. TCS reported a 2.7 percent QoQ decline in Q1FY27 net profit to 13,349 crore on revenue of 72,275 crore, alongside an interim dividend of 12 per share. Overnight, the Nasdaq gained 1.30 percent and the S&P 500 rose 0.81 percent, while Brent crude eased to $76.23 a barrel and gold steadied near $4,122 per ounce.