India Stocks: Indian stocks open flat; financials offset post-results gains in others

Titan

04/11/2025 03:58

Updates for markets open

Nov 4 (Reuters) - India's equity benchmarks were little changed on Tuesday as markets consolidated after last month's sharp rally, with gains in Bharti Airtel and Titan Company offset by weakness in financial stocks.

The Nifty 50 .NSEI eased 0.07% to 25,744.75, while the BSE Sensex .BSESN rose 0.03% to 84,000.64 as of 9:15 a.m. IST.

Eight of the 16 major sectors logged losses. The broader small-caps .NIFSMCP100 and mid-caps .NIFMDCP100 traded flat.

High weight financials .NIFTYFIN and state-owned lenders .NIFTYPSU fell about 0.2% each.

Among individual stocks, Bharti Airtel BRTI.NS rose 2.1% after posting a surge in quarterly profit as higher-paying users grow.

Titan Company TITN.NS gained 1.5% after posting higher-than-expected profit in the September quarter on high gold prices.

Analysts expect the benchmarks to consolidate near current levels after a sharp 4.5% rise in October, their best month since March 2025.

 (Reporting by Vivek Kumar M and Bharath Rajeswaran; Editing by Sumana Nandy and Nivedita Bhattacharjee)

 ((VivekKumar.M@thomsonreuters.com;))