Indian equity markets may open in a narrow range on Tuesday amid weak cues from Asian markets. GIFT Nifty futures were trading nearly flat around 25,600, indicating that the benchmark Nifty-50 could see a range-bound or mildly lower opening.
Globally, investors remain cautious due to rising geopolitical tensions. On the domestic front, uncertainty surrounding a potential India–US trade deal has also weighed on sentiment. In this backdrop, quarterly earnings announcements and corporate developments from several companies are expected to play a key role in shaping market direction during the session.
Several companies are scheduled to announce their December-quarter results on Tuesday. These include ITC Hotels, AU Small Finance Bank, Canara Robeco Asset Management Company, Gujarat Gas, IndiaMART, Jammu & Kashmir Bank, Persistent Systems and United Spirits. The earnings are expected to influence not only individual stocks but also broader sectoral movements, particularly in banking, information technology and consumer-related segments.
Tata Capital reported a rise in consolidated net profit of 16.9 per cent year-on-year to Rs 1,256.87 crore, compared with Rs 1,075.57 crore in the corresponding quarter last year. On a quarter-on-quarter basis, net profit increased 14.5 per cent from Rs 1,097.32 crore in the previous quarter.
Hindustan Zinc Limited posted its highest-ever quarterly profit in the December quarter of FY26. The performance was supported by higher income from silver, firm metal prices and the most competitive cost structure in the past five years.
LTI Mindtree reported an 11.7 per cent year-on-year decline in third-quarter consolidated profit to Rs 959.6 crore. The decline was attributed to a one-time charge of Rs 590.3 crore related to new labour codes. Consolidated revenue rose 11.6 per cent year-on-year to Rs 10,781 crore.
Wipro reported a 7 per cent decline in consolidated net profit for the third quarter of FY26 to Rs 3,119 crore. The decline was primarily due to a one-time provisional impact of Rs 302.8 crore arising from new labour laws.
Havells India reported an 8 per cent year-on-year increase in profit for the December quarter to Rs 300.8 crore. Revenue rose 14.3 per cent to Rs 5,587.9 crore during the quarter.
Ceat reported a 60.4 per cent year-on-year jump in third-quarter profit to Rs 155.8 crore, while revenue increased 26 per cent to Rs 4,157 crore. The board also approved capital expenditure of Rs 1,314 crore for its Kannanthangal plant in Chennai.
Oberoi Realty reported a marginal year-on-year increase of 0.7 per cent in profit to Rs 622.6 crore for the December quarter. Revenue rose 5.8 per cent to Rs 1,492.6 crore.
Ola Electric Mobility announced the appointment of Deepak Rastogi as its Chief Financial Officer with effect from January 20, following the resignation of Harish Abichandani.
Archean Chemical Industries said its board has appointed Rampraveen Swaminathan as Managing Director for a five-year term commencing January 22.
Hindustan Petroleum Corporation Limited signed a 10-year liquefied natural gas sale and purchase agreement with Abu Dhabi Gas Liquefaction Company. Under the agreement, LNG will be supplied to HPCL’s 5 million tonnes per annum LNG terminal at Chhara in Gujarat.
Amber Enterprises India received an allotment of 100 acres of land from YEIDA for a new manufacturing unit near Jewar airport. Group entity Ascent-K Circuit also received 16 acres of land for a separate unit. The total proposed investment across the two projects is Rs 6,785 crore.
