The BSE Sensex and NSE Nifty opened on a flat note on Thursday. Sensex opened 4.88 points up at 26,557.80. Nifty opened 9.85 points up at 8,030.35.
Back home, Sensex closed 37.67 points down at 26,552.92 on Wednesday while NSE Nifty closed 20.50 points down at 8,040.20.
Companies like KEI, Allcargo Logistics, Jubilant Food, JBF Ind, Alembic Ltd, Aban, Amrutanjan, Cummins Ind, Sona steer, Gujarat gas, Nitin Spin, Tata Steel, Tata Global and Sunil Hitech may announce their earnings on Thursday.
Shares of Bata India and Ashok Leyland will remain in focus on Thursday as they announced their Q2 results on Wednesday post market hours. Footwear major Bata India reported a 38.74 per cent rise in net profit at Rs 54.11 crore for the second quarter ended September 30.
Hinduja group flagship firm Ashok Leyland on Thursday reported over two-fold rise in net profit at Rs 287 crore for the second quarter ended September 30, 2015.
Sensex: 26418.14, down 135 points; Nifty: 7995.80.45, down 44 points