Stock Market LIVE: GIFT Nifty Hints At Slight Positive Open; Bayer Crop, NCC, Zydus Life Shares In Focus

Macquarie has turned positive on Indian equities for the calendar year 2026 as it sees three tailwinds assisting the markets. Its top core choices are HDFC Bank Ltd., Reliance Industries Ltd., Mahindra & Mahindra Ltd., Divi's Laboratories Ltd., JSW Steel Ltd.

Tata Consumer Products Ltd., MakeMy Trip Ltd., Lemon Tree Hotels Ltd., L&T Technology Services Ltd., Delhivery Ltd., and Aditya Birla Capital Ltd. are six rising stars, according to Macquarie.

Gold prices continued to rise for second session as market participants anticipate a rate cut in the US next month. Lower interest rates make the precious metal affordable for countries that use other currencies than US dollar.

In India, bullion prices rose 0.6% to Rs 1,26,570 per 10 gram. Meanwhile, in global markets, gold prices consolidated early morning after rising over 1% in the previous session.

Paytm parent One 97 Communications Ltd., Whirlpool of India Ltd., Asian Paints Ltd., Oberoi Realty Ltd. and J&K Bank Ltd. are some of the key stock that will draw market attention today after their corporate announcements.

Learn about more stocks which will likely be in focus on Thursday here.

The GIFT Nifty was trading 0.05% or 13.50 points higher at 26,422 as of 6:51 a.m., which implied a positive open for the benchmark index, NSE Nifty 50.

Traders will keep an eye for Bayer Cropscience Ltd., Zydus Lifesciences Ltd., NCC Ltd., Indian Overseas Bank Ltd., United Breweries Ltd., and Aditya Birla Capital Ltd. shares.

The NSE Nifty 50 closed 74.7 points or 0.29% lower at 25,884.8, while the BSE Sensex ended 313.7 points or 0.37% down at 84,587.01 on Tuesday.