Indian equity benchmarks BSE Sensex and Nifty 50 are expected to witness heightened volatility on Friday, as investors navigate mixed global cues amid rising crude oil prices and lingering uncertainty surrounding the US-Iran conflict. According to reports from LiveMint, early indicators suggest a mildly positive opening, with the Gift Nifty hovering near the 24,233 mark, reflecting a premium of around 70 points compared to the previous close of Nifty futures, pointing to a potentially higher start for domestic markets.
In the previous session, Indian equities came under significant pressure, marking a second straight day of decline. As reported by LiveMint, the benchmark Nifty 50 slipped below the crucial 24,200 level, highlighting continued selling interest across sectors. The Sensex plunged 852.49 points, or 1.09%, to settle at 77,664.00, while the Nifty 50 declined 205.05 points, or 0.84%, to end the session at 24,173.05.
Infosys delivered strong Q4 results with profit rising 20.9% to ₹8,501 crore and revenue increasing 13.4% to ₹46,402 crore, reflecting solid operational performance. According to LiveMint, the IT major projected FY27 revenue growth in the range of 1.5% to 3.5% in constant currency and guided for EBIT margins of 20% to 22%. The board proposed a final dividend of ₹25 per share. Tata Capital showed exceptional performance with profit surging 80.6% to ₹1,182.6 crore, supported by a 17.4% rise in net interest income to ₹2,652.2 crore. Cyient reported mixed results with profit declining 64.9% to ₹65.5 crore despite a marginal 0.92% rise in revenue to ₹1,926.9 crore.
Several major companies are scheduled to announce quarterly earnings today, including Reliance Industries, Shriram Finance, IndusInd Bank, Adani Green Energy, Can Fin Homes, Chennai Petroleum Corporation, DCB Bank, Hindustan Zinc, Lodha Developers, L&T Finance, Mahindra & Mahindra Financial Services, Mangalore Refinery and Petrochemicals, Supreme Petrochem, Tanla Platforms, and Zensar Technologies. As reported by LiveMint, these results will provide additional market direction and investor sentiment indicators. Additional companies releasing results this week include Infosys, Tata Capital, Aditya Birla Sun Life AMC, Adani Energy Solutions, BlueStone Jewellery & Lifestyle, CIE Automotive India, Cyient, Indian Energy Exchange, Mahindra Logistics, Sterling and Wilson Renewable Energy, Tata Teleservices (Maharashtra), Union Bank of India, and UTI Asset Management Company.
