Revenue rose 8% sequentially. EBITDA reached Rs 10,533 crore, beating expectations. Stronger performance in India and the Netherlands is expected in the second half.

Divi's Laboratories' Ebitda was up 76% to Rs 1,566 crore, compared to Rs 888 crore in the year-ago period.

Trump Media shares dropped 25% on Wednesday to a record low. The slide followed midterm election losses for the Republican Party.

Airtel's net profit rose 8.8% sequentially to Rs 8,888 crore. Analysts tracked by Bloomberg had estimated Rs 9,293 crore.

Net profit rose 12.9% year on year to Rs 5,102 crore. Revenue increased 27.1% and beat expectations.

COMEX gold futures opened at $4,075 and climbed to nearly $4,147, up 1.83%. The move extended Wednesday's rally. On Wednesday, gold rose 3.6%, its biggest single-day gain since mid-August.

The sell-off followed a weak Q2 performance, with the company's net profit declining sharply by 70.1% year-on-year (YoY) to Rs 122 crore, compared with Rs 409 crore in the corresponding quarter last year.

The Sensex rose 1.85%. The Nifty 50 gained 1.60%. Brent crude fell to $93.72 a barrel. Foreign institutional investor inflows exceeded Rs 17,000 crore in November.

Foreign investors bought a cumulative Rs 20,834 crore of Indian stocks between October 30 and November 4. Net purchases on November 4 alone reached Rs 7,284 crore, the strongest single day in the four-day period.