Indian equity markets are expected to open on a positive note on Thursday, according to pre-open indications. Gift Nifty was trading about 139 points, or 0.59%, higher at 23,804 around 7:15 a.m., indicating a likely positive start for the domestic market and remaining above the 23,800 level.
Despite continued pressure on equity markets, analysts expect a positive opening while maintaining caution over broader market conditions amid unfavourable macroeconomic factors.
Weakness in the Indian rupee, elevated Brent crude prices at around $111 per barrel, and rising US bond yields are tightening financial conditions and could weigh on investor sentiment.
According to market experts, several factors are influencing investor sentiment, including continued weakness in the Indian rupee, Brent crude oil prices hovering around $111 per barrel, and rising US bond yields.
These factors could directly affect foreign institutional investor inflows, corporate margins, and overall market sentiment. While opening indicators remain positive, volatility may persist through the trading session.
The trading session is expected to remain focused on fourth-quarter corporate earnings, with several companies scheduled to announce results, including ITC, LIC, Nykaa, Aurobindo Pharma, GAIL India, Honasa Consumer, Dr. Agarwal’s Healthcare, Ashoka Buildcon, Bikaji Foods, Emami, Engineers India, ICRA, JSW Cement, Max Healthcare, Prestige Estates, RCF, Sun TV Network, VA Tech Wabag, Welspun Corp and WeWork India. Stocks linked to these earnings announcements may see heightened activity during the session.
Apollo Hospitals Enterprise reported a 35.9% increase in net profit to ₹529.3 crore, while revenue rose 18.1% to ₹6,605.5 crore, supported by healthcare demand.
Sammaan Capital reported a quarterly loss of ₹8,101.4 crore, while revenue declined 35.6%.
Honeywell Automation India reported a 14.2% increase in profit to ₹159.7 crore, while revenue increased 5.9%.
Whirlpool of India reported a 32.7% decline in profit to ₹80.2 crore, although revenue rose 8.8%.
Teamlease Services reported a 25.6% increase in profit, while revenue recorded marginal growth.
JK Lakshmi Cement reported a 29.4% decline in profit, while revenue remained largely stable.
Bosch reported a 2.7% increase in profit and a 13.3% rise in revenue.
Garware Technical Fibres reported declines in both profit and revenue.
Jubilant FoodWorks reported a 13.9% decline in profit, while revenue increased 6.4%.
RISE Worldwide, a subsidiary of Reliance Industries, announced a partnership with Major League Baseball to support the development of baseball in India. The partnership will focus on marketing, social media and commercial initiatives, culminating in a live event in Mumbai in October 2026.
