Indian equity markets are set to open higher on April 20, 2026, with the GIFT Nifty trading over 105 points higher at 24,473. Global market trends influence this optimism, despite concerns over escalating tensions in the Middle East. Major companies reporting earnings include HDFC Bank, which posted a Q4FY26 consolidated net profit of ₹20,350.76 crore, an increase from ₹18,834.88 crore the previous year. ICICI Bank also reported a strong performance with an 8.5% year-on-year profit growth, reaching ₹13,702 crore. YES Bank's net profit surged 44.7% to ₹1,068 crore. Other notable mentions include Trent, which is considering a bonus share issuance, and Adani Group, planning a ₹1 trillion investment in a redevelopment project in Mumbai. The market remains cautious due to geopolitical tensions, particularly following the seizure of an Iranian cargo ship, affecting US stock futures.