Indian equities are poised to rebound after the BSE Sensex and NSE Nifty both closed lower during the previous trading session. Jio Platforms remains in the spotlight after securing a listing premium of more than 21% on its debut, while several prominent firms including Coal India and Interglobe Aviation prepare to report quarterly scorecards. Meanwhile, mixed corporate earnings are already shaping market sentiment, highlighted by TVS Motor posting a 52% jump in profit alongside Force Motors reporting a 16.2% net profit drop.
Key points
Domestic equities are positioned to recover after the BSE Sensex previously dropped 352 p…: Domestic equities are positioned to recover after the BSE Sensex previously dropped 352 points in Wednesday's session.
Corporate earnings will heavily guide trading as major firms like Asian Paints and Coal I…: Corporate earnings will heavily guide trading as major firms like Asian Paints and Coal India release their quarterly figures.
Sectoral earnings performance showed sharp divergence with PNB Housing Finance posting st…: Sectoral earnings performance showed sharp divergence with PNB Housing Finance posting strong profit growth while Force Motors experienced a decline.
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Top stocks to watch today: The Indian stock market is expected to open higher on Thursday, October 29, as GIFT Nifty indicated a positive start for domestic equities. GIFT Nifty was trading near 22,766, up around 33 points or 0.15% from the previous close of Nifty futures, signalling a potentially firm opening for the benchmark indices.
The Sensex and Nifty ended Wednesday's session in negative territory, with the Sensex shedding 352 points and the Nifty closing below the 22,700 mark. The 30-share BSE Sensex opened lower and plunged 995 points to touch an intraday low of 72,603.57 during morning trade. Meanwhile, the 50-share NSE Nifty declined 50.90 points, or 0.22%, to settle at 22,698.85.
Several stocks are also expected to remain in focus on Thursday as companies announce corporate updates. Developments related to order wins, business performance, expansion plans and other company-specific announcements could influence movements in individual stocks.
Jio Platforms, Coal India, IndiGo, Trent, Meesho, Hero Motocorp among shares in focus on Thursday.
Jio Platforms shares will remain in focus a day after their stock market debut, as investors…
Hanoi's broader restructuring initiative establishes a firm equity floor for key financial institutions through the end of the decade. The strategy aims to retain solid government influence over domestic lenders while reorganizing capital reserves in critical industries. These targets signal a controlled approach to state asset management across commercial enterprises.
Investors are watching early market signals as domestic indices position for upward movement despite conflicting international trends. The anticipated initial momentum reflects local resilience as trading participants monitor morning developments across major benchmark gauges. Continued performance will depend on how broader sector activity absorbs current overseas sentiment throughout the session.
Investors saw substantial early gains as the telecommunications giant closed its first session valued at roughly ₹13.1 lakh crore, becoming the country's second-most valuable listed firm. Strong market reception follows a massive ₹30,188-crore public offering that secured overwhelming multi-fold demand across both retail and institutional segments. Analysts anticipate steady long-term financial expansion as the business deepens its transition into a comprehensive digital ecosystem.