Indian Stock Market Today: Q1 Results from BEL, GAIL, Adani Total, Torrent Pharma in Focus
Indian stock market eyes Q1FY26 results from BEL, GAIL, Adani Green, IndusInd Bank, and more as Sensex, Nifty trend muted.
Q1 Results July 28: BEL, GAIL, Adani Total, Torrent Pharma to Drive Market Sentiment
The Indian stock market is set for a crucial session on Monday, July 28, as at least 20 companies, including several large-cap names, report their June quarter (Q1FY26) results. The line-up features Bharat Electronics Ltd (BEL), GAIL, Adani Total Gas, IndusInd Bank, Torrent Pharmaceuticals, and Nippon Life India Asset Management.
Other notable firms releasing earnings today include Mazagon Dock Shipbuilders, Waaree Energies, NTPC Green Energy, Piramal Pharma, Ajanta Pharma, Paradeep Phosphates, KEC International, Gravita India, Railtel Corporation of India, CarTrade Tech, Vijaya Diagnostic Centre, and JK Paper.
Broader Earnings Week
The results calendar this week is packed, with over 100 companies expected to announce their Q1 scorecards between July 28 and August 2. Key names such as Infosys, Paytm, Nestle India, Eternal, Dixon Technologies, and Indian Railway Finance Corporation (IRFC) are scheduled later in the week.
Investors will closely track revenue outlooks, margin performance, and forward guidance to gauge corporate health amid weak global sentiment and persistent foreign institutional investor (FII) outflows.
Market Preview: Sensex, Nifty Likely to Open Muted
Indian benchmark indices Sensex and Nifty 50 are expected to open on a subdued note, tracking mixed global cues. Gift Nifty indicated a tepid start, trading around 24,832—18 points lower than Nifty futures’ previous close.
On Friday, markets witnessed sharp declines, with the Sensex tumbling 721 points (0.88%) to 81,463.09 and the Nifty 50 falling 225 points (0.90%) to settle at 24,837.
According to Om Mehra, Technical Research Analyst at SAMCO Securities, the widening gap between the 9-day and 20-day exponential moving averages (EMAs) signals a strengthening bearish trend. “The index also breached the 61.8% Fibonacci retracement level near 24,920, pointing towards a potential breakdown of the recent recovery attempt,” Mehra noted.
Outlook
With earnings from marquee firms on the docket, along with upcoming US Federal Reserve policy signals and global trade developments, volatility is expected to remain elevated. Investors are advised to track Q1 results closely as they could set the tone for market sentiment in the days ahead.
