Indian shares are expected to open higher as Infosys Q1 profit beats estimates, while Tata Consumer Products and Dr Reddy’s Laboratories report weaker results. Google parent Alphabet beats earnings estimates and raises capex guidance, while SK Hynix Inc. records record profits in Q2. Tesla warns of potential “rough quarters” after missing earnings and revenue estimates. Key U.S.-India trade talks continue with hopes for an interim deal remaining dim. A U.S. team is set to visit India in August for further negotiations. India and the UK are set to sign a free trade agreement. Sensex and Nifty rose on Wednesday, while the rupee fell against the dollar. Asian markets are mostly higher, U.S. stocks climbed, and European stocks rose after reports of progress on a U.S.-EU trade deal.

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