The domestic stock market is expected to open gap-down on Friday, July 24. The GIFT NIFTY futures suggest that the NIFTY50 index will open 196 points lower.

Here is a list of stocks that may remain in focus today.

India's second-largest IT services company saw revenue for Q1 FY27 rise 14% to ₹48,211 crore.

The company had registered a loss of ₹289.35 crore in the same period a year ago.

"Q1 (first quarter) FY27 revenue from Operations (marketplace) came in at ₹3,707 crore, a 48% YoY rise, driven by improved delivery conversion through lower cancellations, return-to-origin (RTO) rates and higher platform monetisation," the company said.

The company’s revenue from operations surged 7.7% on a quarter-on-quarter (QoQ) basis to ₹2,076 crore during the quarter under review, compared to ₹1,927 crore in the March quarter of the 2025-26 fiscal year (Q4 FY26).

NSE filings showed that IndiGo recorded a ₹237.6 crore net loss in the first quarter of the fiscal year 2026-27, compared with a net profit of ₹2,176.3 crore in the same period a year ago.

Although the airline company’s revenue from core operations increased 20% to ₹24,584 crore from ₹20,496 crore in the same quarter of the previous year, overall expenses during the period weighed on margins and financial performance.

On a sequential basis, however, its profit declined 5.9% quarter-on-quarter (QoQ) from ₹191.92 crore in the quarter-ago period.

New TCV wins of $461 million in Q1 FY27, of which 63% is AI-led.

“We are pleased with the momentum as we enter the financial year, and the early market acceptance of Mphasis TriaTM, which has elevated us to a platform-led AI partner for enterprise clients. Q1 FY27 was a strong start, with revenue growth of 2.1% sequentially in constant currency, with a strong pipeline and TCV wins. We expect further acceleration in sequential growth in Q2 FY27, as we continue to gain wallet share, as well as capture additional AI-led market share,” said Nitin Rakesh, CEO & Managing Director, Mphasis.

Higher crude prices are typically positive for upstream oil producers such as ONGC and Oil India, while oil marketing companies (OMCs), aviation, paint and tyre stocks may remain under pressure due to rising input and fuel costs.

Prices spiked after Houthi militia in Yemen attacked oil tankers in the Red Sea, threatening a key export route that Saudi Arabia has used to bypass the Strait of Hormuz, a BBC report said.

In June, the company's board had approved raising of funds by way of issuance of equity shares through qualified institutions placement (QIP)/through permissible mode for an amount not exceeding ₹2,000 crore.

With inputs from PTI