Indian equity markets will resume regular trading on Wednesday, October 21, following the Dussehra holiday on Tuesday. The previous trading session on Monday, October 19, ended sharply lower as selling pressure affected major benchmark indices. The Nifty 50 declined 257.20 points, or 1.11%, to close at 22,888.95, while the BSE Sensex fell 876.37 points, or 1.17%, to settle at 73,852.90.
The decline interrupted the market’s recent recovery and brought attention back to global economic uncertainty, institutional flows and corporate earnings. Investors entering Wednesday’s session will monitor quarterly results across financial services, technology, metals, renewable energy and consumer businesses. Fresh earnings announcements and company-specific developments are expected to influence individual stock movements.
FII/DII Activity – October 19, 2026
| Investor Category | Net Activity |
|---|---|
| Foreign Institutional Investors (FII/FPI) | -₹1,148.64 crore |
| Domestic Institutional Investors (DII) | +₹3,201.19 crore |
Foreign institutional investors returned to net selling during Monday’s session, while domestic institutional investors recorded substantial net purchases. Domestic buying helped absorb part of the foreign selling pressure, although benchmark indices still ended lower. The contrasting flows highlight the continued importance of institutional participation in determining short-term market sentiment.
Stocks to Watch Today – Quick Summary
| Stock | Why It Is in Focus |
|---|---|
| Bajaj Finance | Q2 profit rises 29% |
| Hindustan Zinc | Quarterly profit jumps 142% |
| L&T Technology Services | Profit growth and improved margins |
| IREDA | Profit growth and improving asset quality |
| Waaree Renewable Technologies | Revenue growth but lower profit |
| Piramal Finance | Strong quarterly earnings |
| Eternal (Zomato) | Q2 results scheduled today |
| Adani Green Energy | Quarterly earnings announcement |
| Infosys | Expanded AI collaboration with Truist |
| KEI Industries | September-quarter results scheduled |
Bajaj Finance
Bajaj Finance reported a 29% year-on-year increase in consolidated net profit to approximately ₹6,367 crore for the September quarter, compared with ₹4,948 crore in the corresponding period last year. Net interest income increased 24% to ₹13,335 crore, while pre-provision operating profit rose 23% to ₹10,699 crore. Asset quality also improved, with the gross non-performing asset ratio declining to 1.06% from 1.24%. Investors will examine whether loan growth, funding conditions and credit-cost trends can sustain the company’s earnings momentum.
Hindustan Zinc
Hindustan Zinc reported a sharp increase in quarterly profitability, with consolidated net profit rising approximately 142.1% to ₹6,412 crore from ₹2,649 crore a year earlier. Revenue increased 76.5% to ₹15,093 crore. The strong earnings performance brings attention to the company’s exposure to zinc, lead and silver markets. Investors will assess production volumes, commodity-price realisations, operating costs and the sustainability of margins. Management commentary on production guidance and capital expenditure will also remain important.
L&T Technology Services
L&T Technology Services reported a 66.8% year-on-year increase in consolidated net profit to approximately ₹548.2 crore, while revenue grew 12.1% to ₹3,040.4 crore. Earnings before interest and tax increased 29.8%, with the operating margin expanding to 16.3% from 14.1%. The company also announced an interim dividend of ₹20 per share. Investors will examine demand across engineering services, transportation and industrial technology, alongside management commentary on deal execution and artificial intelligence-related opportunities.
IREDA
Indian Renewable Energy Development Agency reported a modest 0.91% year-on-year increase in standalone net profit to approximately ₹554 crore, while revenue rose 14% to ₹2,344 crore. Operating profit increased 16.5% to around ₹904 crore. Asset-quality indicators improved, with the gross non-performing asset ratio declining to 3.57% and the net non-performing asset ratio falling to 1.08%. Investors will focus on renewable-energy loan demand, disbursements, borrowing costs and the company’s ability to convert business growth into stronger profitability.
Waaree Renewable Technologies
Waaree Renewable Technologies reported a 30% year-on-year decline in consolidated net profit to approximately ₹81.5 crore, despite revenue increasing 36.5% to ₹1,057.8 crore. The difference between revenue growth and profitability will attract attention as investors evaluate operating expenses, project margins and execution costs. The company’s renewable-energy engineering and construction activities depend on project timelines and working-capital management. Management commentary on its order pipeline and profitability will be important for assessing future performance.
Also Read: Why Waaree Renewable Technologies Shares Fell Sharply
Piramal Finance
Piramal Finance reported a 67% increase in quarterly consolidated net profit to approximately ₹545 crore, compared with ₹327 crore in the corresponding period last year. Net interest income increased 35% to ₹1,530 crore, while pre-provision operating profit rose 64% to ₹846 crore. The improvement reflects stronger operating earnings, although investors will also examine loan-book composition, funding costs, asset quality and credit provisions. The results provide another perspective on profitability trends within India’s non-banking financial sector.
Eternal (Zomato)
Eternal, the parent company of Zomato and Blinkit, is scheduled to announce its September-quarter financial results on October 21. Investors will focus on food-delivery growth, quick-commerce expansion, customer activity and operating profitability. Blinkit’s store network, fulfilment expenses and competitive position will be particularly important in assessing the company’s performance. Management commentary on consumer demand, investment requirements and unit economics will help clarify how growth across its businesses is translating into sustainable earnings.
Adani Green Energy
Adani Green Energy is scheduled to announce its September-quarter earnings today. Investors will examine renewable-energy capacity additions, electricity generation, revenue growth and operating profitability. The company continues developing large-scale solar, wind and hybrid power projects, making execution schedules and financing conditions important considerations. Management commentary on project commissioning, debt levels and capital expenditure will help investors assess the pace of expansion and the company’s ability to support future growth.
Infosys
Infosys announced an expansion of its collaboration with Truist, a major US financial-services company, to support the continued development of an artificial intelligence-focused Global Capability Centre in Hyderabad. The partnership highlights demand for AI capabilities and technology services within the financial-services industry. Investors will examine how such collaborations contribute to long-term client relationships, project execution and revenue opportunities. The development also brings attention to the broader adoption of artificial intelligence across banking technology operations.
Also Read: Mid- and Small-Cap Indices Fall as Broader Market Weakens
KEI Industries
KEI Industries is scheduled to release its September-quarter financial results on October 21. The cables and wires manufacturer will attract attention as investors assess revenue growth, operating margins, capacity utilisation and demand from infrastructure, construction and industrial customers. Copper and aluminium prices can influence production costs and profitability. Management commentary on capacity expansion, institutional orders and retail distribution will be important for understanding the company’s operating outlook and competitive position.
What Investors Will Watch Today
Wednesday’s trading session brings a combination of completed quarterly earnings and fresh results announcements. Bajaj Finance, Hindustan Zinc, L&T Technology Services and Piramal Finance have reported strong profit growth, while Waaree Renewable Technologies experienced weaker profitability despite higher revenue. Eternal, Adani Green Energy and KEI Industries will provide further insights into consumer technology, renewable energy and infrastructure-related demand.
The market will also assess whether domestic institutional buying can help stabilise sentiment following Monday’s decline. Global market developments, crude oil prices, foreign investor activity and corporate earnings will remain important influences on trading conditions.
Disclaimer: This article is for educational and informational purposes only and should not be considered investment advice or a recommendation to buy or sell any stock. Onetrader is not a SEBI-registered investment adviser. Investors should conduct their own research and consult a qualified financial adviser before making investment decisions.
Also Read: OneTrader Market News Today — October 21, 2026
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