BSE, Nykaa, SBI and NSE among stocks to watch on Wednesday
The Indian stock market is expected to open lower on Wednesday, breaking a four-session winning streak, according to Mint.
The Indian stock market is expected to open lower on Wednesday, November 4, breaking a four-session winning streak, according to a report by Mint. GIFT Nifty was trading around the 23,718 level, down nearly 40 points or 0.17 per cent from the previous close of Nifty futures.
On Tuesday, the BSE Sensex rose 1,225.07 points or 1.62 per cent to close at 76,917.85, while the NSE Nifty climbed 370.05 points or 1.58 per cent to settle at 23,810.85.
Several stocks are in focus due to corporate developments. BSE, FSN E-Commerce Ventures (Nykaa), Lenskart Solutions, Power Finance Corporation, Cummins India, Zydus Lifesciences, and Apollo Hospitals Enterprises are scheduled to release their Q2 2026 results today.
The National Stock Exchange of India (NSE) reported a 23 per cent year-on-year rise in consolidated profit after tax to ₹2,578 crore in Q2FY27. State Bank of India (SBI) reported a 14 per cent year-on-year growth in standalone net profit to ₹23,038 crore for the same period.
Multi Commodity Exchange of India (MCX) posted a 130 per cent year-on-year jump in consolidated net profit to ₹454.57 crore in Q2FY27. Meanwhile, Indian Energy Exchange (IEX) recorded a 16.5 per cent year-on-year growth in electricity traded volume to 13.1 billion units in October.
Other results include Bata India, which reported a 28.6 per cent rise in net profit to ₹18 crore, and Awfis Space Solutions, which saw a 93.7 per cent increase in net profit to ₹31 crore for Q2FY27. V-Mart Retail reported a wider net loss of ₹16 crore.