The Indian stock market may see a weak start today due to a decline in global markets and pressure in the tech sector. GIFT Nifty is down by approximately 100 points. Investors will be keeping an eye on the results of several companies, including Apollo Hospitals, Airtel, LIC, Lupin, and NHPC.
Stocks Today: The Indian stock market is likely to open weak today, on the last trading day of the week. The decline in global markets and selling pressure in tech and AI company stocks could impact domestic market sentiment. At 7:50 AM, GIFT Nifty futures were trading down 98 points at 25,492.5, indicating a sluggish start.
Weakness in Asian Markets
Asian markets recorded declines today. Hong Kong's Hang Seng was down 0.8%. Japan's Nikkei fell 2%. South Korea's Kospi dropped 1.6%. This weakness followed a decline in US markets.
Decline in US Markets
US stock markets remained under pressure on Thursday. Concerns about high valuations in the tech sector have increased. The S&P 500 declined by 1.12%, Nasdaq showed weakness with a 1.9% fall, and the Dow Jones recorded an 0.84% drop.
Stocks to Watch Today
Apollo Hospitals Enterprises
The company's profit for Q2FY26 increased by 24.8% to ₹494 crore. Revenue rose by 12.8% to ₹6,303.5 crore.
Bharti Airtel
Singtel plans to sell its 0.8% stake in Airtel. The estimated value of the deal could be ₹10,300 crore. The share price is likely to be set at ₹2,030 per share.
LIC (Life Insurance Corporation of India)
LIC's quarterly profit increased by 31% to ₹10,098 crore. The company's premium income rose by 5.5% to ₹1,26,930 crore.
Lupin
Lupin's profit surged by 73.3% to ₹1,477.9 crore. The company's income increased by 24.2% to ₹7,047.5 crore.
NHPC
The company's profit grew by 13.5% to ₹1,021.4 crore. Revenue increased by 10.3% to ₹3,365.3 crore.
ABB India
ABB India's profit declined by 7.2% to ₹408.9 crore. However, revenue increased by 13.7% to ₹3,310.7 crore.
Mankind Pharma
Profit decreased by 22% to ₹511.5 crore. Meanwhile, revenue grew by 20.8% to ₹3,697.2 crore.
GlaxoSmithKline Pharmaceuticals
Profit increased by 2% to ₹257.5 crore. Income decreased by 3% to ₹979.9 crore.
Bajaj Housing Finance
The company's profit surged by 17.8% to ₹643 crore. Net Interest Income (NII) rose by 34% to ₹956.5 crore.
Amber Enterprises India
The company incurred a loss of ₹32.9 crore this quarter. Revenue declined by 2.2% to ₹1,647 crore.
Companies Announcing Results Today
Key companies announcing Q2FY26 results today:
Bajaj Auto, Hindalco Industries, National Aluminium Company, Nykaa, Divis Laboratories, JSW Cement, Kalyan Jewellers, Petronet LNG, Power Finance Corporation, Torrent Pharmaceuticals, Trent, UNO Minda, and others.
