Indian Markets Show Mixed Q3 Earnings Amid Sectoral Growth and Volatility

Indian equity markets showed mixed trends amid Q3 FY26 earnings and sector-specific developments. Vedanta is positioned to benefit from a metals upcycle, while Eternal (Zomato) anticipates strong revenue growth driven by Blinkit expansion. Steel stocks like JSW Steel and Tata Steel are favored due to robust domestic demand. Cable wire companies face margin pressures amid rising copper prices but report strong volume growth. Select sectors such as PSU banks, defence, and IT show resilience, while some stocks like Havells and BHEL missed estimates. Investors remain cautious amid volatility and evolving market dynamics.