The Indian benchmark indices are set for a tepid opening with a negative bias despite positive investor sentiment worldwide. Both the US and the Asian markets traded in the green. The Indian secondary markets were closed on Wednesday on account of Guru Nanak Jayanti. Investors would continue to track Q2 earnings as well as global macro trends that affect the market.

The Asian indices were trading in an uptick, with Japan’s Nikkei 225 advancing by 1.17%, Singapore’s Straits Times by 0.87%, and South Korea’s KOSPI by 0.79%. Even the Shanghai Composite and the Hang Seng were up by 0.73% and 1.41% respectively. 

The S&P 500 was up by 24.74 points, or 0.37%, to 6,796.29, whereas the Nasdaq Composite closed higher at 23,499.80, adding 151.16 points, or 0.65%. The Dow Jones Industrial Average added 225.76 points, or 0.48%, to 47,311.00. 

The Gift Nifty index indicated a flat to negative start for the Indian stock markets, as at 8:30 am, the index was trading at a 61.50-point discount, or 0.24%, at 25,733.50. 

On Tuesday, Indian investors leaned towards profit booking, leading to the Indian stock market ending lower. The Sensex declined 519.34 points, or 0.62%, to close at 83,459.15, while the Nifty50 slipped by 165.70 points, or 0.64%, lower at 25,597.65, settling under the 25,600 mark. 

Stocks in focus:

Q2 results announcements - Apollo Hospitals, Lupin, Life Insurance Corporation of India (LIC), Ola Electric Mobility, Hexaware Technologies, Zydus Lifesciences, Abbott India, Crompton Greaves Consumer Electricals, Godrej Properties, Mankind Pharma, and Multi Commodity Exchange of India (MCX)

InterGlobe Aviation - It was IndiGo’s first quarterly results after entering the Nifty50 list. The company reported a loss of ₹2,582 crore in Q2 FY2026, compared to a profit of ₹2,176 crore in the previous June quarter.

Britannia Industries - The company posted a Profit zoom of 23.1% to ₹654.5 crore from ₹531.5 crore, while revenue grew 3.7% to ₹4,840.6 crore, compared to last year’s  ₹4,667.6 crore.

Inox Wind Limited - The company has secured new orders aggregating to 229 MW, including a 160 MW order (112 MW firm order with an option to extend by an additional 48 MW) from a leading Indian IPP player for the supply of its 3.3 MW wind turbine generators, for projects being developed by the customer across multiple sites. Inox Wind has bagged a repeat order for 69 MW from another leading renewable energy player. 

Delhivery - The logistics company reported a loss of ₹50.4 crore, whereas the same quarter last year recorded profits of ₹10.2 crore. Revenue increased 16.9% to ₹2,559.3 crore compared to ₹2,189.7 crore on a year-on-year basis. 

Saatvik Energy - The company received orders from three renowned independent power producers/EPC players for the supply of solar PV modules worth ₹299.40 crore.