The benchmark indices opened on a positive note but remained volatile throughout the session, eventually closing almost flat.
Indian equity benchmark indices, the Sensex and Nifty 50 were trading in a narrow and swung between profit and loss. IT, FMCG, and auto shares were the biggest drag.
At the closing bell, the BSE Sensex closed 32 points higher
Meanwhile, the NSE Nifty closed 44 points higher (up 0.18%)
Bajaj Finance, SBI, Bharat Elec are the top gainers today.
HUL, M&M, Power Grid Corp on the other hand, were among the top losers today.
The GIFT Nifty was trading at 25,298 with 73 points higher at the time of writing.
The BSE 150 Midcap index is trading 0.5% higher and the BSE 250 SmallCap index is trading 1% higher.
Sectoral indices traded mixed today, with financial services sector and insurance sector witnessed buying. Meanwhile, stocks in telecommunication sector and auto sector witnessed selling pressure.
The rupee is trading at Rs 94.00 against the US$.
Gold prices for the latest contract on MCX are trading 1.1% lower at Rs 1,38,090 per 10 grams.
Meanwhile, silver prices were trading 1.5% lower at 1,81,650 per 1 kg.
Cupid Q2 FY27 Results
Shares of Cupid came into focus after the company reported its Q2 FY27 results.
Cupid reported a strong financial performance for the September quarter of FY27, with its net profit rising 133% year-on-year to Rs 562.2 million (m), compared with Rs 241.3 m in the same quarter last year.
Revenue from operations also jumped 122% to Rs 1,878.6 m, up from Rs 844.5 m in Q2 FY26. Meanwhile, total income increased 132% to Rs 2,089.7 m from Rs 902.3 m in the year-ago quarter.
The company's EBITDA grew 92% year-on-year to Rs 547.7 m, compared with Rs 284.1 m in the corresponding quarter last year. Its net profit margin also improved by 139 basis points to 30%.
GRSE Q2 FY27 Results
Garden Reach Shipbuilders & Engineers reported a steady financial performance in Q2 FY27, with its profit after tax (PAT) increasing 12% year-on-year to Rs 1,720 m, compared with Rs 1,540 m in the same quarter last year.
Revenue also grew 8% to Rs 18,860 m, while EBITDA increased 13% to Rs 2,540 m, up from Rs 2,250 m in the corresponding quarter of the previous year.
The company's gross margin declined by 1,480 basis points to 33.4%, mainly due to changes in the execution mix and the timing of revenue recognition. However, lower operating costs helped improve its EBITDA margin by 140 basis points to 10.7%.
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