Opening bell: Sensex, Nifty set to open higher; ITC, MCX, Tata Power, Delhivery, Federal Bank, DLF shares in focus

The Indian benchmark indices, the Sensex and the Nifty, are expected to start the week on a positive note, tracking mixed cues from Asian peers, amid persistent concerns about trade tensions after the U.S. imposed new tariffs on dozens of countries, including India. Adding to this, sustained foreign fund outflows and weak global cues in the backdrop of disappointing U.S. jobs data, which dimmed hopes for a potential interest rate cut by the U.S. Federal Reserve next month, are likely to weigh on market sentiment.

At 8:10 AM, the GIFT Nifty index was trading 84 points, or 0.34%, higher at 24,683, indicating a gap-up opening for the Indian share market.

The market may see stock-specific reactions as some big companies such as ITC, Tata Power, Delhivery, Federal Bank, LIC Housing Finance, MCX, and others released their June quarter results after market hours on Friday. Besides, DLF, Tata Investment Corp, Marico, Aurobindo Pharma, Siemens, and many others are set to release their earnings reports today.

Last week, the benchmark BSE Sensex and the NSE Nifty50 declined 1% each to settle at 80,599 and 24,565, respectively, extending their losing streak for the fifth consecutive week.

Asia stocks mixed after Trump modifies tariff rates

Equity markets in the Asia-Pacific region witnessed mixed trade on Monday, with Japan, Indonesia, Australia, and Taiwan reeling under selling pressure, while other major regional indices were trading in the green.

Japan’s Nikkei 225 slumped 1.7% due to a stronger yen after Bank of Japan's recent decision to keep interest rates steady and U.S. economic jitters. Taiwan’s Weighted Index, Australia’s ASX 200, and Indonesia’ Jakarta Composite declined between 0.8% to 0.2%.

On the other hand, Hong Kong’s Hang Seng traded flat, while China’s Shanghai Composite rose up to 0.15% in the opening trade. Among others, Singapore’s Straits Times and South Korea’s KOSPI gained around 0.8%.

On Friday, Wall Street ended on a weak note as weaker-than-expected U.S. jobs data fuelled speculation that the Federal Reserve may cut interest rates soon. Adding to it, concerns about a potential U.S. economic slowdown amid ongoing trade tensions also dented sentiment.

Stocks to watch

Q1 results today: DLF, Aditya Birla Capital, Marico, Ather Energy, Escorts Kubota, Bosch, Delta Corp, Siemens Energy India, Shree Cement, Aurobindo Pharma, Godfrey Phillips India, INOX India, Kansai Nerolac Paints, Sona BLW Precision Forgings, Sun Pharma Advanced Research Company, TBO TEK, Triveni Turbine, and Unichem Laboratories are set to release their June quarter results today.

ITC : The FMCG giant posted a net profit of 5,343 crore, up 4.9% year-on-year from ₹5,092 crore in Q1FY25. The consolidated gross revenue jumped 19.6% YoY to ₹23,007 crore.

Tata Power : The Tata group company reported a consolidated revenue of ₹17,464 crore in Q1FY26, while net profit rose 6.13% year-on-year to ₹1,262 crore.

Federal Bank : The private sector lender from Kerala reported a 14.7% YoY decline in net profit to ₹862 crore in Q1FY26, down from ₹1,010 crore in the previous year.

Delhivery : The logistics company reported a 5.6% YoY increase in consolidated revenue to ₹2,294 crore, while net profit surged 67.5% to ₹91 crore in Q1FY26.

LIC Housing Finance : The housing finance company posted a 4.4% YoY growth in consolidated net profit at ₹1,363.9 crore in Q1FY26, up from ₹1,306.3 crore a year earlier.

ABB India:  The engineering firm reported a 20.7% YoY drop in net profit to ₹351.7 crore, while EBITDA fell 27% YoY to ₹441 crore.

Hero MotoCorp : The two-wheeler manufacturer reported total sales of 4,49,755 units in July 2025, registering a 21.5% growth from 3,70,274 units a year earlier.

Dilip Buildcon : A joint venture between Dilip Buildcon and RBL has been declared the lowest bidder (L-1) for the Gurugram Metro Rail Project, valued at ₹1,503.63 crore.

RailTel Corporation of India : The railway related PSU has received a work order in advance from Bharat Sanchar Nigam Limited (BSNL) for providing services worth ₹166.38 crore.

Thermax : The shareholders of the company have approved the reappointment of Ashish Bhandari as Managing Director and Chief Executive Officer (MD & CEO) for another five-year term, effective from September 1, 2025.

Muthoot Capital Services: The company has successfully completed a securitisation deal, raising ₹136 crore across multiple tranches by assigning two-wheeler loan receivables amounting to ₹143.97 crore.

Harsha Engineers International: The company has signed a long-term supply agreement with a leading global firm for journal bearings and bushings.

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