Indian markets expected to open flat amid geopolitical tensions. Q3 corporate earnings season concluded positively with Nifty50 earnings growing 13.4% year-on-year. Analysts anticipate selective market participation, with sectors like Oil & Gas, Metals, Telecom, and NBFCs likely to drive growth. Domestic economic resilience and banking sector leadership provide underlying market support. Small-cap stocks show higher earnings volatility, with 40% missing expectations compared to 25% in large-caps. Ongoing global uncertainties, including US-Iran tensions, are keeping investor sentiment cautious. Market consolidation phase likely to continue with selective profit-booking in high-valuation segments. Volatility index declined, suggesting improving trader confidence in near-term market outlook.
