Archive · 10 Aug 2026
SBI, Titan Earnings in Focus as Indian Markets Open Flat
The stock market is a place where people buy and sell small pieces of companies.
On Friday, the Indian market went down a little bit.
This happened because the price of oil went up and people were worried about events in the Middle East.
The Nifty and Sensex, which track how most big Indian companies are doing, both closed lower.
Many companies are now telling everyone how much money they made or lost in the last three months.
State Bank of India made more money than people expected.
Titan made a lot more profit than last year.
Ola Electric still lost money, but its loss got smaller.
On Monday, companies like Vodafone Idea and Bharat Forge will share their results too.
Investors watch these numbers to decide what to do with their money.
India's Nifty 50 fell 0.32% to 24,557 and the Sensex declined 0.59% to 78,491 on Friday, pressured by rising crude oil prices and Strait of Hormuz uncertainty.
Gift Nifty futures signalled a muted-to-positive start on Monday, August 10, with Asian markets such as Japan's Nikkei 225 and South Korea's Kospi up more than 1%.
SBI reported a 10% year-on-year rise in standalone Q1 net profit to ₹21,121 crore, beating the Street estimate of ₹19,052 crore.
Titan's Q1 consolidated net profit jumped 63% YoY to ₹1,777 crore, while Ola Electric narrowed its consolidated loss to ₹336 crore.
Vodafone Idea, Bharat Forge, Hindustan Copper, KEC International and PC Jeweller release Q1 results on Monday; Delhivery, NLC India and Power Finance Corporation also reported quarterly earnings.
- Who
- Indian equity investors and companies such as SBI, Titan, Ola Electric and Delhivery, which reported first-quarter earnings; market commentary came from Ponmudi R, CEO of Enrich Money.
- What
- Indian stock indices fell on Friday amid geopolitical worries, while several companies posted quarterly earnings and more Q1 results are due on Monday.
- When
- Friday, August 7 for the market decline; Monday, August 10 for the expected opening and Q1 results of several companies.
- Where
- Indian stock markets (NSE and BSE).
- Why
- Rising crude oil prices and renewed uncertainty over the Strait of Hormuz heightened concerns about the prospects of a Middle East peace deal.
- Nifty 50 (Friday close)
- 24,557, down 0.32%
- Sensex (Friday close)
- 78,491, down 0.59%
- Monday outlook
- Flat start expected; Gift Nifty up over 100 points
- SBI Q1 standalone net profit
- ₹21,121 crore, up 10% YoY (estimate: ₹19,052 crore)
- Titan Q1 consolidated net profit
- ₹1,777 crore, up 63% YoY
- Ola Electric Q1 consolidated loss
- ₹336 crore, narrower than ₹428 crore a year ago
- Delhivery Q1 net profit
- ₹31.9 crore, down 65% YoY
- NLC India Q1 consolidated net profit
- ₹484.2 crore, down 39.3% YoY