Flat opening seen for Sensex, Nifty; HCL Tech, Havells, Waaree Energies, Vedanta, Tata Power shares in focus

The Indian stock market is braced for flat-to-higher opening on Tuesday, tracking mixed cues from global peers and muted trends in GIFT Nifty futures. At 8:15 AM, the GIFT Nifty index was up 28 points, or 0.12%, at 24,178, indicating a tad higher opening for the equity benchmarks BSE Sensex and NSE Nifty. The Dalal Street will see stock specific reaction as HCL Technologies , Tata Communications , Havells India , AU Small Finance Bank , Waaree Energies, and several other big players are set to release their Q4 results today. On the other hand, investors will also react to results of Rajratan Global Wire , Alok Industries , Tata Investment Corporation, Himadri Speciality Chemical , Pitti Engineering , and Mahindra Logistics.

On Monday, the equity market started the week on strong note, extending rally for the fifth straight session, with Sensex and Nifty adding another 1%. The BSE Sensex rallied 855 points, or 1.09%, to settle at 79,408, while the Nifty50 jumped 274 points, or 1.15%, to close at 24,126, led by surge in buying across the banking, IT, and auto sectors. In five sessions, the BSE benchmark Sensex has risen 5,560 points to reclaim 79,400 level, making investors richer by ₹31.2 lakh crore as total market capitalisation of all BSE-listed companies rose to ₹425.83 lakh crore. Similarly, the Nifty50 index added 1,726 points, or 7.7%, to reach 24,125 mark.

U.S. stocks end sharply lower as Trump rips Fed Chair Powell

In the overnight trade, all three major U.S. indexes plunged more than 2% after U.S. President Donald Trump hurled fresh attacks on Federal Reserve Chair Jerome Powell. The Wall Street witnessed sharp volatility as tussle between the Fed and President raised concern about the central bank’s independence at a time when the economy is already battling with Trump’s aggressive tariff policy. Adding to it, waning signs of progress on global trade talks also dented sentiments. The Dow Jones Industrial Average ended 972 points lower, the S&P 500 slumped 2.36%, and the Nasdaq Composite tumbled 2.55% amid big losses in the "Magnificent Seven" stocks. Elon Musk’s Tesla tanked 7%, chip makers Nvidia plunged 6%, Amazon, AMD, and Meta each lost 4%.

Asian stocks mixed on weak cues from Wall Street

Tracking negative cues from Wall Street, Asian markets traded mixed as sharp selling in U.S. stocks unnerved investors already cautious about trade tensions. The uncertainty around global tariff negotiation and escalating trade tensions between U.S. and China also left investors jittery.

Japan’s Nikkei 225 was down marginally by 0.1%, while South Korea’s Kospi rose up by 0.15%. Hong Kong’s Hang Seng index and Taiwan Weighted index fell 0.4% and 0.5%, respectively, whereas China’s Shanghai Composite gained over 0.3% in early trade. Singapore’s Straits Times was the biggest gainer in the region, adding over 1%, while Indonesia’s Jakarta Composite rose 0.3%. Meanwhile, Australia’s ASX 200 index ended flat with positive bias.

Stocks to watch

Q4 results: Big players such as HCL Technologies, Tata Communications, Havells India, AU Small Finance Bank, Waaree Energies, Mahindra & Mahindra Financial Services, Hathway Cable & Datacom, Choice International, Cyient DLM, Delta Corp, and many others will release their quarterly earnings reports today.

Vedanta: The metal and mining firm’s promoter entity Twin Star Holdings (borrower) has signed a facility agreement for $530 million with lenders.

Coal India: The PSU has signed a pact with Damodar Valley Corporation (DVC) to set up a 2×800 MW coal-fired ultra supercritical power plant in Jharkhand.

Tata Power: The company’s renewable energy subsidiary, Tata Power Renewable Energy (TPREL), has secured an order to co-develop a 131 MW wind-solar hybrid renewable energy project.

Hindustan Unilever: The FMCG heavyweight has completed the acquisition of 90.5% shareholding in Uprising. The transaction was doen through a combination of primary infusion and secondary acquisition for a total cash consideration of ₹2,706 crore.

Brigade Enterprises: The real estate major has signed a joint development agreement for a plotted development project in Malur, East Bengaluru, spanning approximately 20 acres.

HG Infra Engineering: The firm has bagged an order from Gujarat Urja Vikas Nigam for setting up of standalone battery energy storage systems in Gujarat.

One 97 Communications:  The company’s subsidiary, Paytm Money, has announced revised cost-effective interest rates and brokerage structure for its recently launched Pay Later (MTF - Margin Trading Facility) offering.

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