The Indian stock market is expected to open on a subdued note on Friday, 13 November, with GIFT Nifty trading around 25,266.50, down 34.50 points or 0.12% from the previous close, signalling a cautious start for the benchmark Sensex and Nifty 50. The broader market had ended marginally higher on Thursday, extending its winning streak to three consecutive sessions on the back of sustained foreign fund inflows and a decline in crude oil prices. The BSE Sensex advanced 31.61 points, or 0.04%, to settle at 81,911.01, after touching an intraday high of 82,325.61 and a low of 81,576.15, while the NSE Nifty 50 rose 44.30 points, or 0.18%, to close at 25,299.35.
Several stocks are expected to remain in focus during Friday's session following company-specific announcements. Shares of Grasim Industries, Eicher Motors and Tata Motors Passenger Vehicles are in the spotlight as they are scheduled to release their Q2 results today. Telecom operator Vodafone Idea reported a higher net loss of ₹5,975 crore for the September quarter of FY27, partly weighed down by mark-to-market adjustments on its treasury assets. Electric two-wheeler maker Ola Electric narrowed its consolidated net loss to ₹362 crore from ₹418 crore a year earlier, but its revenue from operations fell 39% year-on-year to ₹421 crore from ₹690 crore.S1S2
Indian Railway Catering and Tourism Corporation posted a 22.9% year-on-year decline in consolidated net profit to ₹263.6 crore for Q2FY27, compared with ₹342 crore in the year-ago quarter. In contrast, Rail Vikas Nigam Ltd reported an 8.3% year-on-year rise in net profit to ₹249.5 crore for the September quarter. Oil India's net profit fell 21.3% sequentially to ₹2,259.42 crore from ₹2,870.21 crore in the preceding quarter, while Mahindra & Mahindra recorded a 30.44% year-on-year increase in total production to 1.24 lakh units in October, up from 94,873 units a year earlier, according to its monthly business update.S1S2
Beyond earnings, SoftBank Group-backed investment entity SVF II Meerkat (DE) LLC is reportedly planning to sell about a 1% stake in e-commerce company Meesho through a block deal valued at ₹1,174 crore. The Ministry of Power has also approved Reliance Industries' proposal to construct an overhead transmission line in Gujarat for 25 years, subject to obtaining the necessary statutory clearances and meeting regulatory conditions.S1
