🔹 India’s SGX Nifty 50 Index futures for Nov. delivery rise 0.2% to 10,382.00. The NSE Nifty 50 Index retreated 0.5% to 10,303.15 on Wednesday, its third day of decline after reaching a new all-time high on Nov. 3. Asian markets opened stronger with the region’s barometer, the MSCI Asia Pacific Index, passing its 2007 peak and headed for a record close. Investors in India will focus on earnings on Thursday as Aurobindo Pharma, Hindustan Petroleum, Tata Motors are among the Nifty companies to report. Foreign investors bought net 6.79b rupees (~$105m) of stocks on Tuesday, according to NSDL website.
 
🔹 Balkrishna Industries (BIL): 2Q net income 2.03b rupees vs est. 1.85b. To issue a free share for each held
 
🔹 Qatar Foundation Endowment sold its entire 5% stake in Bharti for 96b rupees via block trade
 
🔹 Bombay Dyeing (BD): 2Q net income 527.9m rupees vs loss 365.5m
 
🔹 Coal India (COAL): India may sell coal blocks for commercial mining, Economic Times reports
 
🔹 Cupid (CUPD): 2Q net income 59.5m rupees vs 53.7m
 
🔹 Future Consumer (FCON): 2Q loss narrows y/y to 88.1m rupees from 161.7m
 
🔹 Gujarat Alkalies (GALK): 2Q net income 1.06b rupees vs 874.2m
 
🔹 Gujarat State Fertilizers (GSFC): 2Q net income 792.3m rupees vs est. 1.3b
 
🔹 HCL Infosystems (HCLI): Gets tax notice for 3.12b rupees
 
🔹 ICICI Bank (ICICIBC): Approves proposal for domestic fund raising
 
🔹 Indian Oil (IOCL): Singapore unit starts oil trading by purchasing Nigerian Akpo crude
 
🔹 Indraprastha Gas (IGL): Trades ex-split
 
🔹 IRB Infrastructure (IRB): In talks with foreign investors to partner for road projects
 
🔹 ITD Cementation (ITCE): 3Q net income 192.9m rupees vs est. 123m
 
🔹 JK Lakshmi (JKLC): 2Q net income 132.3m rupees vs est. 7.3m
 
🔹 Muthoot Finance (MUTH): 2Q net income 4.54b rupees vs est. 3.71b
 
🔹 Navneet Education (NELI): 2Q net income 166.3m rupees vs est. 232m
 
🔹 New Delhi Television (NDTV): 2Q loss 220m rupees vs loss 217.5m
 
🔹 Petronet LNG (PLNG): 2Q net income 5.89b rupees vs est. 4.65b; 
 
🔹 Pidilite Industries (PIDI): 2Q net income 2.52b rupees vs est. 2.33b
 
🔹 PNB Gilts (PGLT): Plans to raise up to 5b rupees via commercial papers
 
🔹 Tech Mahindra (TECHM): Sebi dismisses a case related to share sale against Tech 
Mahindra, staff without penalty
 
🔹 Thermax (TMX): 2Q net income 572.2m rupees vs est. 621m
 
🔹 Voltas (VOLT): 2Q net income 946.3m rupees vs est. 869.5m
 
🔹 Welspun India (WLSI): 2Q net income 966.4m rupees vs loss 1.48b

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