Indian Markets Decline as Investors Await Q3 Earnings from Key Companies

Indian stock markets declined amid weak global sentiment and persistent selling, with the Nifty approaching a key support near its 200-day moving average. Investors focused on Q3 earnings from 59 companies, including Eternal, Dr Reddy's Laboratories, Hindustan Petroleum, Tata Motors, and AU Small Finance Bank. Eternal is expected to report strong revenue growth driven by Blinkit's shift to a first-party model, while Dr Reddy's anticipates a muted quarter due to US business pressures. Market sentiment remains cautious amid geopolitical tensions and US tariff uncertainties.