Indian stock markets saw subdued trading, continuing consolidation after a recent rally, with analysts suggesting a 'buy-on-dips' strategy. Key stocks in focus include IndiGo, whose operations have stabilized, and IndusInd Bank, facing an SFIO probe into derivatives trading. Reliance Industries has reportedly resumed discounted Russian crude purchases. Ola Electric received government incentives under the PLI scheme, while Vikran Engineering secured a significant EPC contract from NTPC Renewable Energy.