Indian indices are likely to open with modest gains as cues from Asia markets are mixed.  The SGX Nifty indicates Nifty is likely to open around 10,861, up by 20 points. The earnings of Yes Bank, Ultratech Cement, Sunteck, Sterlite Technologies, PVR, Pfizer, NIIT Ltd, Mphasis, Biocon, Colgate Palmolive are scheduled for today. 

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Essel Propack Limited reported its results for the quarter ended December 31, 2018 after market hours on Wednesday. The consolidated numbers were largely stable and in-line with street estimates.

Bharat Heavy Electrical Limited (BHEL), country's leading PSU, bagged order from Maharashtra State Power Generation Company (Mahagenco) for power project's emission control equipment.

The following stocks would be in focus during Thursday’s trading session in light of their results announcement on January 24: Biocon, Jyothy Laboratories, PVR, Yes Bank and Supreme Industries.

The company’s net interest income (NII) for the quarter came in at Rs 136 crore as against Rs 127 crore in the corresponding quarter last year, registering 6.9 per cent increase on a yoy basis.

The stock of Premier Explosives was on a northward spree on Wednesday following the company's result announcement for the December quarter. The company's profit jumped 4-folds in Q3FY19.

The revenue from cigarettes grew by 9.6 per cent YoY. Also, the revenue from hotels, agribusiness and packaging grew by 11.7 per cent, 25.7 per cent and 20.5 per cent, respectively on YoY basis.

Glenmark  Pharma has received approval from the United States Food & Drug Administration (USFDA) for Abiraterone Acetate Tablets USP, 250 mg. The drug is a generic version of Zytiga tablet sold by Janssen Biotech.