India’s stock market is likely to open flat on Friday, with investors staying cautious amid mixed signals from global markets.
Market outlook
Early trading in the Gift Nifty showed a slight dip, down 0.02% at 25,780. Global headwinds such as geopolitical tensions and tariff uncertainties are keeping risk appetite low. Foreign fund outflows and mixed Q3 earnings have also made investors more defensive.
Recent performance
On Wednesday the Sensex fell 245 points (‑0.29%) to close at 83,383, while the Nifty 50 slipped 67 points (‑0.26%) to end at 25,666. In contrast, mid‑cap and small‑cap indices rose modestly, up 0.16% and 0.25% respectively.
Stocks to watch today
Analysts expect the following companies to draw attention, especially as several are releasing third‑quarter results:
- Reliance Industries, Wipro, Tech Mahindra, Tata Technologies – earnings announcements due today.
- Infosys – reported a 2% fall in net profit to ₹6,654 cr, with revenue up 2.2% quarter‑on‑quarter.
- Jio Financial Services – Q3 profit down 8.8% YoY to ₹269 cr, while total income more than doubled to ₹901 cr.
- Biocon – raised ₹4,150 cr through a qualified institutional placement at a modest discount.
- HDB Financial Services – net profit jumped 36.3% YoY to ₹644 cr.
- BHEL – began supplying traction transformers for the Vande Bharat Sleeper Train project.
- Zydus Lifesciences – received FDA approval for Eltrombopag tablets for low‑platelet conditions.
- RailTel Corporation – secured an ₹88.66 cr contract to install IP‑MPLS network equipment across several railway divisions.
- NBCC India – won a ₹55.02 cr contract from Indian Overseas Bank for a new regional office building.
- Zaggle Prepaid Ocean Services – signed a referral agreement with Jio Credit for device‑leasing solutions.
Company highlights
These updates reflect a mix of earnings performance, fund‑raising activity, and new project wins, offering both opportunities and caution for investors.
Disclaimer
Remember, this is perspective, not prediction. Do your own research or consult a financial advisor before making any investment decisions.