Markets may open muted as Nifty eyes recovery. IndusInd, GAIL, ONGC, PNC Infratech, and KEC are on watchlist. L&T, NTPC, Asian Paints, and Bank of India are set to report earnings. PNC won a ₹2,956 crore coal project bid. ONGC signed an offshore deal with Reliance. Sona Comstar, RPSG Ventures, and PCBL also announced key updates.