Cautious Opening Expected for Indian Markets
Indian equity markets are poised for a cautious start on Wednesday, November 04, 2026. Early indications from the GIFT Nifty futures on the NSE International Exchange showed a dip of 93.00 points, or 0.39 percent, settling at 23,687.50. This movement suggests domestic markets may open weaker as traders evaluate initial signals from the ongoing US mid-term elections and monitor fluctuations in crude oil prices.
Key Stocks in Focus Ahead of Trading Bell
Several companies are expected to be in the spotlight as trading begins:
National Stock Exchange of India (NSE)
The recently listed leading stock exchange reported robust financial performance for the September 2026 quarter. Net profit surged by 23 percent year-over-year to ₹2,578 crore, while revenue increased 11 percent year-over-year to ₹4,554 crore. The NSE's operating profit for the quarter reached ₹3,079 crore, maintaining healthy margins of 76 percent.
Lupin
Pharmaceutical major Lupin announced the launch of Raltegravir Tablets USP, 600 mg, in the United States. This follows approval from the US Food and Drug Administration (FDA) for its Abbreviated New Drug Application. Raltegravir tablets are prescribed, in combination with other antiretroviral agents, for the treatment of Human Immunodeficiency Virus type 1 (HIV-1) infection in adult patients.
Hindustan Zinc
The prominent metal producer has introduced two new value-added zinc products, VedAZ and VedAyush. These next-generation zinc alloys have been specifically developed to cater to the galvanizing industry, aiming to enhance product performance and application.
JNK India
JNK India, a heating equipment company, has secured a significant order from JNK Global, Korea, valued between ₹300 crore and ₹600 crore. The order encompasses the design, engineering, supply, and transportation of a heater package for an overseas project located in Nigeria.
Highway Infrastructure
The engineering, procurement, and construction (EPC) and infrastructure company has received a Letter of Acceptance (LoA) worth ₹198.3 crore. This contract is for the planning, design, and construction of residential and non-residential infrastructure under Phase-I of establishing the CISF 12th Reserve Battalion at Village Jamunia Talab, Madhya Pradesh, to be executed on an EPC Mode-I basis.
Other Companies on the Radar
Beyond these, other stocks such as CleanMax, MCX, Concord Biotech, MK Sons, Medanta, and IEX are also anticipated to garner investor attention during Wednesday's trading session.