The Indian market is likely to open positive amid mixed global cues, ahead of the release of June quarter earnings of index heavyweight Reliance Industries, ICICI Bank, Bank of Baroda, HCL Tech among others.

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Benchmark indexes closed at record highs on Thursday with the Sensex settling at a high of 36,985 with a gain of 126 points, while the Nifty 50 advanced 35 points to close at the record high of 11,167, after seeing intra-day record high of 11,180.

Here are the top stocks that are creating a buzz before the opening bell today:

Reliance Industries: Oil-to-telecom conglomerate Reliance Industries will announce its April-June quarter earnings today with brokerages expecting the company's petrochemical business to post strong results. Also in focus would be its telecom business Jio. RIL's stock has rallied 21 percent in 2018 on top of a 70.5 percent surge in the previous year. It is Rs 28 away from its record high of Rs 1,138.25 touched last week.

ITC: Another index heavweight reported Q1 profit rising by 10.1 percent to Rs 2,819 crore versus Rs 2,560.5 crore; revenue increases 7.6 percent to Rs 10,707 crore versus Rs 9,954.7 crore (YoY).

Bharti Airtel: The telco's Q1 profit jumped 17 percent to Rs 97.3 crore versus Rs 82.9 crore; revenue rose 2.3 percent to Rs 20,080 crore versus Rs 19,634 crore (QoQ).

Hindalco Industries: US subsidiary Novelis will acquire Aleris for $2.6 billion including the assumption of debt, 13 manufacturing facilities in North America, Asia & Europe.

Adani Ports: The Adani group company signed a long-term regasification pact with Gail India for Dhamra LNG terminal.

JSW Steel and Monnet Ispat: The NCLT approved the resolution plan submitted by the consortium of JSW Steel and AION Investments Private II Limited for Monnet Ispat and Energy.

PNB Housing: The upcoming auction for a controlling stake in PNB Housing Finance Ltd has seen interest from at least two bulge bracket private equity funds, TPG Capital and Baring Private Equity Asia, Mint reported. The PE funds are looking to acquire a 51 percent stake in the housing finance company, which is valued at Rs 10,281 crore at the current market price.

Lakshmi Vilas Bank: Q1 net loss stood at Rs 123.9 crore versus profit of Rs 66.1 crore; NII falls 40.2 percent to Rs 130.2 crore versus Rs 217.8 crore (YoY).

Petronet LNG: Q1 profit surged 34 percent to Rs 587 crore versus Rs 437.6 crore; revenue jumped 42.5 percent to Rs 9,169.1 crore versus Rs 6,435.1 crore (YoY).

Read also: 10 things you need to know before the opening bell

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Disclosure: RIL, the promoter of Reliance Jio, also controls Network18, the parent company of CNBCTV18.com.

First Published:Jul 27, 2018 8:08 AM IST