Indian stock-index futures gained after earnings surged at the country’s largest information-technology services company.

SGX CNX Nifty Index futures for April delivery rose 0.2 percent to 6,711.5 at 10 a.m. in Singapore. The underlying CNX Nifty Index fell 0.9 percent to 6,675.30 yesterday, a third day of losses. The S&P BSE Sensex (SENSEX) also declined 0.9 percent, the most since Feb. 13. The Bank of New York Mellon India ADR Index of U.S.-traded shares added less than 0.1 percent.

Indian stocks dropped yesterday after data showed consumer inflation accelerated in March for the first time since November. Tata Consultancy Ltd. reported after markets closed yesterday that net income jumped 51 percent in the three months ended March 31. Infosys Ltd., the second-biggest software services exporter, forecast on April 15 full-year sales growth that beat analysts estimates, while Wipro (WPRO) Ltd. may report today net income rose more than 20 percent.

“The market may rebound on the back of Tata Consultancy (TCS)’s earnings,” Rajendra Wadher, director at PRB Securities Ltd. in Kolkata, said by phone today. “The improving sales outlook will support shares of software exporters.”

Tata Consultancy profit rose to 53 billion rupees ($ 879 million), compared with the 52.4 billion-rupee median estimate of 39 analysts surveyed by Bloomberg. The company predicts growth will be stronger this year as customers in the U.S. and Europe, as well as the Asia Pacific region, outsource more work.

Wipro Earnings

Wipro, the country’s third-largest software services company by market capitalization, may say profit increased to 21 billion rupees in the March quarter, from 17.3 billion rupees in the same period last year, according to a Bloomberg survey of 38 analysts.

HCL Technologies Ltd. (HCLT) may announce net income surged 48 percent from a year earlier to 15.4 billion rupees, according to a Bloomberg survey of 35 analysts.

Overseas investors sold a net $ 15.4 million of Indian shares on April 15, a second day of sales and the first consecutive outflow since February. That trimmed this year’s purchases to $ 5.23 billion, still the highest among eight Asian markets tracked by Bloomberg.

The Sensex has climbed 5.2 percent this year and trades at 14.1-times projected 12-month profits, in line with the average multiple over the past five years. The MSCI Emerging Markets Index has risen 0.2 percent in 2014 and is valued at 9.8 times.

To contact the reporter on this story: Santanu Chakraborty in Mumbai at schakrabor11@bloomberg.net

To contact the editors responsible for this story: Michael Patterson at mpatterson10@bloomberg.net Matthew Oakley, Chan Tien Hin