NIFTY23,4060.33%
SENSEX74,3460.41%
BANKNIFTY54,1860.88%
NIFTY IT29,3845.57%
PHARMA24,0870.33%
AUTO26,0930.05%
FMCG48,1241.01%
METAL13,5350.17%
REALTY762.601.39%
ENERGY40,1970.02%
NIFTY23,4060.33%
SENSEX74,3460.41%
BANKNIFTY54,1860.88%
NIFTY IT29,3845.57%
PHARMA24,0870.33%
AUTO26,0930.05%
FMCG48,1241.01%
METAL13,5350.17%
REALTY762.601.39%
ENERGY40,1970.02%

Indian Stock Market Sees Steep Decline Ahead of Q4 Results

The Indian stock market experienced a significant decline on Tuesday, marking its fourth consecutive session of losses. The Sensex plummeted 1,456.04 points, or 1.92%, to close at 74,559.24, while the Nifty 50 dropped 436.30 points, or 1.83%, to settle at 23,379.55.

Key Q4 Results to Watch

As the earnings season continues, 98 companies are scheduled to release their financial results for the quarter ended on March 31, 2026 on Wednesday, 13 May. Some of the notable companies to declare Q4 results today include Bharti Airtel, Tata Motors, TVS Motor Company, Power Finance Corporation, Cipla, Oil India, Hindustan Petroleum Corporation, and Bharti Hexacom.

Read also: Treasury Yields Experience Largest Increase in Two Weeks Following Release of Labor Market Data

Bharti Airtel Q4 Results Preview

Brokerage firm Motilal Oswal expects Bharti Airtel to post 1.6% QoQ growth in consolidated revenue driven by robust growth in Homes and Africa, partly offset by two fewer days QoQ. The firm anticipates 1.5% QoQ growth in consolidated EBITDA, aided by a healthy show in Homes, Passive Infra, and Africa.

MetricExpected Growth
India Wireless Revenue~0.8% QoQ
India Wireless EBITDA~0.8% QoQ
Wireless ARPUINR258 (-0.4% QoQ)
4m/6m Paying Wireless/4G-5G Net Adds-

Tata Motors Q4 Results Preview

Read also: US-Iran Tensions Spark Uptick in Oil Prices Amid Global Market Decline

Brokerage firm Kotak Institutional Equities expects Tata Motors' consolidated revenues to increase by 16% QoQ driven by 16% QoQ increase in standalone business revenues (15% QoQ volume increase) in 4QFY26. The firm anticipates consolidated EBITDA margin to increase by 80 bps QoQ to 12.7% driven by operating leverage benefits in the standalone business.

Investor Takeaway

Monitor the Q4 earnings of these companies for potential market impact.

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