Nifty Set for Negative Start; TCS, NTPC Green in Focus

Indian benchmark indices are poised for a negative opening on Friday as GIFT Nifty futures trade lower by 36 points at 25,238, signaling potential pressure on the Nifty50. This comes despite Thursday’s mixed performance where the Sensex gained 398 points to close at 82,172 while the Nifty50 declined 135 points to 25,181. Several major developments including TCS’s earnings beat, NTPC Green Energy’s massive renewable push, and Tata Motors’ completed demerger are set to dominate market attention throughout the trading session.

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Market Crash: Sensex and Nifty Plunge Amid US Growth Concerns

On Black Monday, the Sensex plummeted over 800 points, closing at an intraday low of 74,493.97, while the Nifty fell to 22,548.35, both down 1.08%. The market was impacted by weak global cues, concerns over US growth, and tariff threats from President Trump, alongside persistent selling by foreign institutional investors. All major sectoral indices declined, with financial and IT stocks suffering significant losses, while the Nifty Pharma index was the sole gainer.

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Stock Market Update: Key Earnings and Inflation Data Ahead

Wall Street is gearing up for a pivotal week with inflation data, retail sales, and major bank earnings in focus. Key reports on producer and consumer inflation are expected midweek, while several companies, including Infosys and HCL Tech, will announce their Q3 results. Market experts anticipate that Nifty may encounter resistance around 23,800, influenced by foreign fund flows and global cues.

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