Indian stock markets started on a positive note on Friday with Sensex and Nifty beginning at record highs after India's largest IT firm TCS beaten the analyst estimates in its third-quarter earnings. The\u00a0global indicator of NSE Nifty, SGX Nifty Futures was trading 0.33% higher at\u00a010,693. Shares of\u00a0Infosys will be in close watch today as the IT major is scheduled to release its Q3 earnings report card. Other\u00a0major companies which are also lined up with their respective third-quarter results are 3i Infotech, HT Media, Karnataka Bank, Reliance Industrial Infrastructure, and Sintex Industries. TCS: India\u2019 IT major TCS reported a flat growth in earnings, as net profit came in at Rs 6,531 crore against Rs 6,778 crore in the comparable quarter last fiscal, beating street estimates. Notably, revenue in rupee terms rose 4% percent sequentially to Rs 30,904 crore from Rs 29,735 crore\u00a0in the last fiscal. In the last quarter, the company had reported a 4.3%\u00a0rise in revenue to Rs 30,541 crore. Volume rose 1.4% on a quarterly basis. EBIT margin came in at 25.2% as against a CNBC TV18 poll of 25.8%. In constant currency terms, revenue growth was 6.2% on year\u00a0basis while 1.3% on quarter. Indiabulls Real Estate:\u00a0Indiabulls Real Estate announced that it will acquire a prime commercial building in Gurgaon having a leasable area of 2.5 lakh sq ft for an undisclosed amount. Motilal Oswal Securities:\u00a0Markets regulator Sebi imposed a fine of Rs 2 lakh on Motilal Oswal Securities in a\u00a0case related to alleged unauthorised\u00a0trading through the\u00a0use of forged Power of Attorney (PoA). Indian Oil Corp:\u00a0Indian Oil Corp bought its third shipload or cargo of US crude oil as it looks at cheaper alternatives that have emerged due to the global supply glut, PTI reported. Dredging Corporation:\u00a0Dredging Corporation of India said it has secured a contract worth Rs 88.51 crore for dredging of channels at Cochin Port. Shree Cement:\u00a0Shree Cement reported a 41.58 per cent increase in its standalone net profit at Rs 333.33 crore for the quarter ended December, mainly on account of higher income. The\u00a0Indian rupee on Thursday: The rupee settled lower by 6 paise to 63.66 against the US dollar. Indian stock markets on Thursday Indian stock markets closed at record highs on Thursday after trading in red until morning session with\u00a0the blue-chip shares of Infosys, Bharti Airtel, Indiabulls Housing Finance, HDFC, Kotak\u00a0Mahindra\u00a0Bank, Eicher Motors, Tech Mahindra, HUL, Yes Bank rising the most. Sensex rose about 70 points to settle at a fresh lifetime peak of 34,503 while Nifty rose\u00a019 points to end at a record high of\u00a010,651.2. In the intraday trade, 30-share barometer Sensex added\u00a0125.81 points to hit the day\u2019s high of 34,558.88 while Nifty 50 surged 32.4 points to hit an all-time high of 10,664.6. US stock markets on Thursday Wall Street closed at record highs on Thursday as rising oil prices lifted energy stocks and investors bet on a strong U.S. corporate earnings season, Reuters said in a report. The S&P energy index closed up 2 percent as Brent crude went above $70 a barrel for the first time since December 2014. The Dow Jones Industrial Average rose 205.6 points, or 0.81 percent, to 25,574.73, the S&P 500 gained 19.33 points, or 0.70 percent, to 2,767.56 and the Nasdaq Composite added 58.21 points, or 0.81 percent, to 7,211.78.