Indian equity benchmarks are set to open modestly higher on Friday, mirroring positive moves in global markets and optimism over a potential US-Iran agreement that could ease tensions in the Middle East. The Sensex is indicated to rise 0.10 percent to 75,260.40, while the Nifty 50 is expected to advance 0.07 percent to 23,671.20. Signals from GIFT Nifty, trading near 23,657 with a 26-point premium, also point to a positive start. On Thursday, the Sensex closed 0.18 percent lower at 75,183.36 and the Nifty 50 slipped 0.02 percent to 23,654.70 amid selective profit-taking. Several companies, including Sun Pharma, Eicher Motors, Hindalco, Colgate-Palmolive, Info Edge, NTPC Green Energy, Fortis Healthcare, Torrent Pharma and TVS Electronics, are scheduled to report quarterly results. Among recent earnings, GAIL India posted a 38.4 percent drop in profit, Aurobindo Pharma recorded a 2 percent gain, LG Electronics India saw an 8.2 percent decline, Nykaa reported a 286.5 percent surge, and Honasa Consumer achieved 177 percent profit growth.
