Indian Markets Brace for Flat Open as Inflation Data Looms – Will Traders Get Burned Again?

All eyes on India’s economic pulse as inflation numbers drop today.
Market mood: cautious stagnation.
Traders hedge while bureaucrats crunch numbers—another day of ‘wait-and-see’ theater in Mumbai.
Bonus jab: If past performance predicts future results, expect the usual mix of overreaction and institutional profit-taking.
STOCKS TO WATCH
** Bata India logs dip in June-quarter profit on sluggish footwear sales, higher costs
** Hindalco's unit Novelis reports 67% sequential fall in net profit in the first quarter
** Astral posts 33% drop in consolidated net profit in the June quarter
** Ashoka Buildcon reports 45% rise in first-quarter consolidated net profit
(Reporting by Bharath Rajeswaran in Bengaluru; Editing by Sherry Jacob-Phillips)
Published on August 12, 2025