Sensex, Nifty Set for Cautious Open as Global Signals Stay Uneven
- Sensex and Nifty likely to start flat amid mixed global cues; Japan’s Nikkei hits record high.
- LTIMindtree secures biggest-ever digital deal; HCL Tech partners with MIT; Bank of India reports strong Q2 growth.
- New listings today, Zydus gets Health Canada nod; Oil India, MGL, and Coal India sign key MoUs.
Indian equity benchmark indices, Sensex and Nifty, are expected to open on a muted note on Tuesday, amid mixed global cues and a cautious domestic outlook. At 8:00 AM, GIFT Nifty futures were up just 1.5 points at 25,181 levels, suggesting a flat start to the trading session.
In Asia, markets were trading mixed. Japan’s Nikkei 225 index hit a record high for the second consecutive session, rising 0.66 per cent, supported by gains in technology shares following a rally on Wall Street. South Korea’s KOSPI index gained 2.7 per cent, while Hong Kong’s Hang Seng index slipped 0.7 per cent.
In the US, markets ended higher on Monday, boosted by a strong performance in tech stocks after a major deal between OpenAI and AMD. The partnership is being seen as a strong challenge to Nvidia’s dominance in the chip market. The Nasdaq Composite rose 0.7 per cent, the S&P 500 gained 0.36 per cent, while the Dow Jones Industrial Average edged down 0.14 per cent.
Here are the key stocks to watch today:
New Listings: Shares of Fabtech Technologies and Glottis will debut on the mainboard today, while Sodhani Capital, Vijaypd Ceutical, Om Metallogic, Suba Hotels, and Dhillon Freight Carrier will list under the SME category.
LTIMindtree: The IT services firm announced a multi-year strategic deal with a leading global media and entertainment company, marking its largest agreement to date. Under the deal, LTIMindtree will help the client modernize operations and enhance digital delivery models as part of their digital transformation journey.
Bank of India: The lender reported a strong business update for Q2FY26. The bank’s global business rose 11.8 per cent year-on-year to Rs 15.6 trillion. Deposits grew 10.08 per cent to Rs 8.53 trillion, and advances were up nearly 14 per cent to Rs 7.08 trillion, showing healthy loan growth momentum.
Telecom Stocks: Data from TRAI showed that Reliance Jio added 19.49 lakh new subscribers in August 2025, up sharply from 4.82 lakh in July. Bharti Airtel also saw an improvement, adding 4.96 lakh users compared to 4.64 lakh in the previous month. Vodafone Idea, however, continued to lose subscribers, with a decline of 3.08 lakh in August — though the losses were slightly lower than July’s 3.59 lakh.
HCL Tech: The company has partnered with the MIT Media Lab to work on cutting-edge research in artificial intelligence and quantum computing. The collaboration connects HCL Tech with MIT’s world-renowned innovation network to develop next-generation technologies.
Brigade Enterprises: The real estate developer has entered a joint development agreement for a 6.6-acre residential project in West Chennai, with an estimated gross development value of Rs 1,000 crore.
Zydus Lifesciences: The pharmaceutical firm received approval from Health Canada for its Liothyronine tablets (5 mcg and 20 mcg). The medicine, used for treating hypothyroidism, will be produced at Zydus’s Ahmedabad SEZ manufacturing facility.
Oil India and Mahanagar Gas: The two companies signed an MoU to explore collaborations across the liquefied natural gas (LNG) value chain and other clean energy opportunities, strengthening their positions in the evolving energy transition space.
Coal India: The state-run mining giant signed an MoU with the Chhattisgarh Mineral Development Corporation (CMDC) to explore and develop critical minerals. This partnership aligns with India’s efforts to reduce import dependence and secure resources for emerging industries.
Zomato: In a notable bulk deal, BofA Securities Europe SA acquired a 0.08 per cent stake (8.1 million shares) in Zomato’s parent company at Rs 328.45 per share, worth Rs 266.04 crore. The shares were offloaded by Goldman Sachs Bank Europe SE - ODI.
Aster DM Healthcare: The company received No Objection letters with no adverse observations from both BSE and NSE for its proposed merger with Quality Care India, marking a key regulatory step forward in the merger process.
Overall, markets may remain range-bound today, with investors keeping a close watch on global trends, quarterly earnings, and domestic economic indicators for further.
