Indian Stock Market Eyes Cautious Start Amid Global Trade Tensions

Indian Stock Market Braces for Cautious Trading Session

The Indian stock market is likely to open flat-to-positive on Tuesday. This comes amid ongoing geopolitical tensions and renewed U.S. tariff threats. Asian markets mostly traded lower on Tuesday, reflecting global trade uncertainties.

Early trends from Gift Nifty pointed towards a positive opening. It was trading up by 38 points or 0.15% at 25,605.

Market Sentiment Remains Subdued

Ponmudi R, CEO of Enrich Money, shared his insights. He said Indian equities are set to open with a cautious undertone. Global trade uncertainties continue to trigger a risk-off mood across markets. Aggressive use of tariffs by the U.S. administration is a key driver.

Heightened geopolitical tensions are weighing on confidence. Persistent foreign investor selling and continued weakness in the rupee add to the pressure. These factors likely cap any meaningful upside in domestic equities. Steady buying by domestic institutional investors acts as a key stabiliser. It absorbs selling pressure and helps prevent deeper drawdowns.

Previous Session Recap

On Monday, both Indian indices remained in negative territory. Weak global cues and trade war concerns influenced the market. U.S. President Donald Trump announced tariffs on eight European countries.

The Sensex declined by 324 points, or 0.39%, to settle at 83,246.18. The Nifty 50 ended 109 points lower, or 0.42%, at 25,585.50. The BSE Midcap index slipped 0.43%. The Smallcap index saw a sharper drop of 1.28%.

Stocks to Watch on Tuesday

Against this backdrop, several stocks may attract investor interest today. Here is a detailed list:

ITC Hotels, IndiaMART InterMESH, AU Small Finance Bank, Rallies India, SRF: These companies will declare their Q3 FY26 earnings today. Their shares will remain in focus.
Adani Power: The company secured a major win at the NCLAT in Delhi. The tribunal rejected appeals challenging its ₹4,000 crore resolution plan for Vidarbha Industries Power Limited. This effectively affirms the approval granted by the NCLT Mumbai Bench.
LTIMindtree: The company delivered a mixed performance in Q3 FY26. It reported a net profit of ₹959.6 crore, a 30.5% decline quarter-on-quarter. This fell well short of the estimated ₹1,417 crore. A one-off impact from new labour codes implementation largely caused this.
Tata Capital: The company posted a 19.7% quarter-on-quarter increase in net profit to ₹790 crore in Q3 FY26. Net interest income surged 44% to ₹2,541 crore.
UPL: Its subsidiary, Advanta Enterprises, submitted a Draft Red Herring Prospectus to SEBI for a proposed IPO. The issue will be a pure offer for sale. Existing shareholders will offload 3.61 crore equity shares. UPL will sell 2.81 crore of these shares.
Hindustan Petroleum Corporation (HPCL): HPCL entered into a 10-year Sale Purchase Agreement with Abu Dhabi Gas Liquefaction Company (ALNG), UAE. This is to source Liquefied Natural Gas. ALNG is a subsidiary of ADNOC Gas.
Deepak Nitrate: Its subsidiary, Deepak Chem Tech, put into operation its nitration facility. The second hydrogenation plant at Dahej, Gujarat, is also now operational.
CEAT: The company delivered a robust Q3 performance. It posted a 60.3% year-on-year surge in net profit to ₹155.7 crore. Revenue increased 26% to ₹4,157 crore. EBITDA soared 65.2%, pushing margins up to 13.5%.
Havells India: The company delivered a mixed performance in Q3 FY26. It posted a net profit of ₹301 crore, below expectations despite a 6.4% year-on-year increase. Revenue rose 14.2% YoY to ₹5,573 crore, marginally surpassing Street estimates.
ACME Solar: This renewable energy firm announced it began operations for 68 MW of generation capacity. This is part of its 100 MW wind power project in Surendranagar, Gujarat.