Indian stock markets had a weak start on Friday, amid global cues and domestic news. Sensex fell 430 points. Nifty fell 140 points to below 25,400. Bank Nifty also fell by about 200 points. Gift Nifty was down around 130 points in the morning. Factors like huge fall in US markets, continuous selling by foreign institutional investors and softening of oil prices will decide the market movement. Investors will also keep an eye on the quarterly results of many major companies today.
Heavy fall in American markets
Wall Street fell on Tuesday due to heavy selling in AI stocks. Dow Jones closed 398 points, Nasdaq 445 points and S&P 500 also closed in the red. Dow futures were also sluggish, reflecting weakness in Asian markets.
recession in commodity market
Crude oil fell below $64 a barrel, its lowest level in recent months. Gold and silver are also trading stable in the international market. In the domestic market, gold closed at ₹ 1,20,700 and silver at ₹ 1,47,300.
Diplomatic stir due to Trump’s statement
Former US President Donald Trump has indicated that he may visit India next year. He said “good talks are going on” with Prime Minister Modi on a trade deal, which has created enthusiasm among investors about India-US relations.
FII selling, DII buying continues
Foreign investors have sold for the sixth consecutive day. Yesterday, FIIs sold shares worth a total of ₹4,021 crore, while domestic funds continued buying for the 49th day and invested around ₹5,300 crore in the market.
Government’s big statement on F&O trading
Finance Minister Nirmala Sitharaman has said that the government has no intention of closing F&O trading. “Trade with an understanding of the risks,” he cautioned investors. This statement is being seen as a boost to market confidence.
A series of positive and weak results
The results of Apollo Hospitals, Lupine, Cummins, MCX and LIC were better than expected. Meanwhile, NHPC, CG Consumer and Amber reported weak quarterly results. ABB and Mankind Pharma had mixed results.
Conclusion on the results of these companies today
Bajaj Auto, Hindalco and Trent will announce Q2FY26 results on Nifty today. In the F&O segment, results of eight companies including Divi’s Lab, Kalyan Jewellers, NALCO, Nykaa and Torrent Pharma will be declared.
A big block deal possible in Bharti Airtel today
A block deal worth ₹10,300 crore is expected in Bharti Airtel today. Promoter company Singtel can sell about 0.8% of its stake at the floor price of ₹2,030. Studs Accessories, which was oversubscribed 73 times, will also list today. Pine Labs’ IPO will open today, while Grow’s IPO will close today. Market activities related to listings and new issues will also influence today’s trading trends.
