Indian equity benchmarks the BSE Sensex and the NSE Nifty are set to open lower on Friday amid escalating border tensions with Pakistan. On Thursday, the domestic share market ended in red as investors turned cautious amid ongoing geopolitical tensions between India and Pakistan.

Among individual stocks, shares of Larsen & Toubro, Britannia Industries, Titan, Union Bank of India, Dilip Buildcon, Biocon, MCX India, Zee Entertainment Enterprises will be in focus after they released their March quarter earnings reports on Thursday.

Dr Reddy's Laboratories, Swiggy, ABB India, Bank of India, Birla Corporation, Cera Sanitaryware, Cholamandalam Financial Holdings, Manappuram Finance, Great Eastern Shipping Company, India Shelter Finance Corporation, Jupiter Life Line Hospitals, Motherson Sumi Wiring India, Navin Fluorine International, Novartis India, PTC India Financial Services, and Thermax will announce their Q4 results today.

Key stocks to watch today:

Venus Pipes & Tubes: The company has bagged an order for stainless steel seamless boiler tubes used in a series of Supercritical and Subcritical Thermal Power Projects worth Rs 190 crore.

Mahindra and Mahindra Financial Services: The board of the company has approved a rights issue of 15.44 crore shares worth Rs 2,996.16 crore at an issue price of Rs 194 per share. Eligible shareholders will be issued one rights equity share for every eight shares they own.

One97 Communications: Paytm’s parent has informed exchanges that its CEO Vijay Shekhar Sharma, and his brother Ajay Shekhar Sharma, have settled a case pertaining to the company's Employee Stock Options (ESOPs) with the Sebi by paying a total amount of Rs 2.8 crore.

Aviations stocks: Shares of Interglobe Aviation Ltd, the parent company of India's largest airline IndiGo, and SpiceJet will be in focus as they have announced widespread flight diversions and cancellations amid escalated tensions with Pakistan.

Defence stocks: Shares of defence companies such as Hindustan Aeronautics (HAL), Bharat Electronics, Mazagon Dock Shipbuilders, Data Patterns, Paras Defence will be also in focus as border tensions rise.

Hotel stocks: Shares of ITC Hotels, Lemon Tree Hotels, TAJ GVK, Indian Hotels, Chalet Hotels, Mahindra Holidays, Apeejay Surrendra Park Hotels will be in focus as hotel cancellations are likely to surge amid geopolitical issues.