Sensex, Nifty set for a flat opening amid mixed global cues; Titan, Tata Motors shares in focus

The Indian benchmark indices are expected to open on a muted note, tracking mixed global cues. While some of the Asian markets were trading higher, the US markets closed the Tuesday session lower. 

Investors will track the Q2 results of companies throughout the day while expecting further developments on the India-US trade deal. Union Minister for Commerce and Industry Piyush Goyal said that the bilateral talks between the two nations have been resumed and are likely to come to a conclusion before the November deadline. 

Meanwhile, the US government is in a shutdown for the eighth day, with US President Donald Trump commenting that it has “affected so many programs, services, and other elements of Society that Americans rely on.” He also said that he is ready to negotiate with the Democrats over healthcare policies. 

The Asian markets were trading mixed in the early hours of trade, with the Japanese Nikkei 225 index rising by 0.06%, continuing its rally for the third session. The Shanghai Composite also rose by 0.52%. But Hong Kong’s Hang Seng declined 0.78%, while Singapore's Straits Times was down by 0.40%. 

Wall Street broke its eight-day winning streak, as investors resorted to profit booking. The S&P 500 closed lower by 25.69 points, or 0.38%, at 6,714.59, while the Nasdaq Composite fell 153.30 points, or 0.67%, to 22,788.36. The Dow Jones Industrial Average declined 91.99 points, or 0.20%, to 46,602.98.

On the domestic front, the Gift Nifty index was trading only 5 points or 0.02% above, at 25,222 at 8:10 am, indicating a flat start for the Nifty50 and Sensex. 

Stocks in focus today: 

Titan - The company reported its Q2 results, with its jewellery business delivering 19% growth in Q2FY26. Surging gold prices drove substantial ticket size increases, offsetting the decline in buyers. The impact of Q2FY25’s high base (due to customs duty reduction) was offset by the early onset of the festive season in September this year, compared to October in FY25. The watches' domestic business grew 12% YoY, driven by the analogue segment, clocking 17% growth YoY. EyeCare's domestic business grew c.9% YoY, led by healthy performance from international brands, sunglasses and growth in the E-commerce channel.

Tata Motors - The company declared Jaguar Land Rover’s Q2 results as well. Wholesale volumes for the second quarter were 66,165 units (excluding China/CJLR), down 24.2% year-on-year and down 24.2% compared to Q1 FY26. Retail sales for the second quarter of 85,495 units (including CJLR) were down 17.1% year-on-year and down 8.7% compared to Q1 FY26.

KPIT - The company, through its wholly owned subsidiary, KPIT Technologies (UK) Limited, has acquired a further stake of 62.9%, taking the total of KPIT group shareholdings to 88.9% in N-Dream at a consideration of €16.35 million, making N-Dream a step-down subsidiary.  

Saatvik Green Energy -  The company, in an exchange filing, said that it has received an order worth Rs 219.62 crore from three renowned independent power producers/EPCs for the supply of solar PV modules.

Associated Alcohols and Breweries Limited - the company has started manufacturing, processing and maturation of Malt Spirits in its Barwaha facility after receiving the SL-1 license granted by the Excise Department.