🚨 Trio Earnings + Global Jitters = Big Monday Setup

India’s three market movers—

, , and —have reported Q1 FY26 results, setting the stage for a crucial Monday. posted a stable quarter with ₹2.57 lakh crore in revenue and ₹20,462 crore net profit (+10.7% YoY). Jio and Retail segments delivered solid growth, while O2C remained steady despite global oil volatility. This performance could support Nifty if global sentiment holds. reported ₹29,120 crore NII and ₹16,455 crore profit (+18.8% YoY), but NIM dropped to 3.5% due to rising funding costs and slower retail loan growth. The stock may underperform in the near term, impacting Bank Nifty unless other banks show strength. stood out, delivering ₹11,204 crore profit (+20.2% YoY), 15.6% NII growth, 4.4% NIM, and improved asset quality (GNPA at 2.98%). This clean report reinforces ICICI's leadership and is likely to attract institutional interest. On the global front, sentiment is shaky. Trump’s tariff threats and weak Eurozone PMIs have pushed the Dollar Index (DXY) to 105+. Why does this matter? A rising DXY signals global risk-off, leading to FII outflows, INR pressure, and capped upside in Indian markets. If DXY stabilizes, it could support a bullish setup. Nifty has support near 24,920 and resistance at 25,250–25,400. A strong close above could trigger a breakout. Bank Nifty has support at 55,000, with 56,300 as key resistance. ICICI may offset HDFC drag, but leadership from Axis or Kotak will be key. In short, India’s earnings are strong—but global macros need monitoring. Traders should stay stock-specific and avoid aggressive index positions unless DXY cools off. Monday’s move will set the tone.