Early indications point to a firm opening for Indian equity markets on Tuesday amid gains across Asian markets. Gift Nifty futures were trading sharply higher, signalling a b start for domestic benchmarks.
As of around 8:20 am, Gift Nifty futures were trading at 26,178, up by 1,042 points, indicating that the Nifty-50 could open significantly higher. Market participants are expected to track select stocks driven by corporate earnings, legal developments and sector-specific updates.
At the global level, market attention remains on tariff measures announced by US President Donald Trump. These measures are expected to have implications for sectors including pharmaceuticals, information technology, textiles, jewellery, chemicals and automobiles. Trading activity in stocks from these sectors may reflect caution. Separately, expectations related to a potential India-US trade deal have contributed to sentiment in some segments.
Shares of Reliance Industries are likely to be in focus following a legal update. The central government may pursue its appeal against a ruling by a single-judge bench of the Delhi High Court, which declined to enforce a foreign arbitration award of $3.8 billion against Reliance Industries related to the Panna-Mukta and Tapti oil and gas fields. The dispute pertains to production sharing contracts between the government and the company and has been under litigation for an extended period.
PB Fintech, the parent company of Policybazaar, reported b results for the third quarter of FY26. Net profit rose 165% year-on-year to Rs 189 crore, compared with Rs 71 crore in the corresponding quarter of the previous year. Operational revenue increased 37% to Rs 1,771 crore, supported by revenue growth and improved margins.
Several sectors are being tracked in connection with the prospective India-US trade deal, including textiles and clothing, auto components and engineering, specialty chemicals, agriculture and seafood exports. Certain electronics and consumer manufacturing companies with operations in the US are also being monitored.
Hyundai Motor India reported a 6.3% year-on-year increase in consolidated net profit for the third quarter of FY26 to Rs 1,234 crore. Total income rose 7.96% to Rs 17,973.5 crore. The company cited improvement in demand following GST rate rationalisation in September. Exports declined on a quarter-on-quarter basis, while year-on-year exports increased 21.1%.
Mahindra Lifespace Developers posted a turnaround in the third quarter of FY26, reporting a net profit attributable to owners of the parent of Rs 108.88 crore, compared with a loss of Rs 22.49 crore in the same quarter last year. Total income from operations stood at Rs 459.16 crore, reflecting a year-on-year increase of 174.48%.
Electric two-wheeler manufacturer Ather Energy reduced its net loss in the third quarter of FY26 to Rs 85 crore from Rs 198 crore a year earlier. Total income during the quarter rose to Rs 996 crore from Rs 650 crore in the corresponding period last year.
Tata Power Company commissioned a 198-megawatt wind energy project in Karur, Tamil Nadu, under the group captive model for Tata Steel. The project is among the largest wind energy installations of its kind.
Godrej Properties reported b sales at its premium plotted development project ‘Avora Estate’ in Sector 40, Panipat. The company sold plots worth over Rs 1,000 crore at launch. Since its launch in December 2025, more than 600 plots covering around 0.8 million square feet of saleable area have been sold.
