Nifty Below 22,950; BSE Telecommunication Down 1.7%

Asian markets were trading mixed on Friday, the last trading session of the week, as investors remained cautious ahead of the Bank of Japan's (BoJ) monetary policy decision.

Overnight, US equity benchmarks ended lower, with technology stocks leading the decline.

Here's a table showing how US stocks performed on Thursday:

Source: Equitymaster

At present, the BSE Sensex is trading 15 points higher, and NSE Nifty is trading 10 points lower.

Trent, Infosys, Tech Mahindra are the top gainers today.

SBI, Bharat Elec, Tata Steel on the other hand is among the top losers today.

The BSE 150 Midcap index is trading 0.9% lower and the BSE 250 SmallCap index is trading 1.5% lower.

Baring IT sector and healthcare sector all other sectoral indices are trading on a negative note today, with stocks in the metal sector and power sector witnessing selling pressure.

The rupee is trading at Rs 95.2 against the US dollar.

Coal India Q2 FY27 Results

Shares of Coal India came into focus after the company reported its Q2 FY27 results.

Coal India reported a 57% year-on-year increase in profit after tax (PAT) to Rs 65.47 billion in the second quarter ended September 2026, compared with Rs 41.67 billion in the corresponding quarter of the previous financial year.

The company's total income rose 21% year-on-year to Rs 468.33 billion during the quarter, against Rs 386.94 billion reported in the year-ago period.

Operationally, coal production increased 4% to 151 million tonnes (mt), while coal offtake grew 12% to 186 mt. Overburden removal registered a marginal increase of 1% to 352 mt. Coal sales during the quarter stood at 186 mt, marking a 13% year-on-year increase.

The growth in profitability was primarily driven by improved average per-tonne realisation and higher other income. Average billing realisation increased by 7% to Rs 2,346 per tonne during the quarter, compared with Rs 2,186 per tonne in the corresponding period last financial year.

Suzlon Energy Q2 FY27 Results

Suzlon Energy reported a largely flat adjusted consolidated net profit of Rs 3.94 billion for the second quarter of FY27, compared with Rs 3.89 billion in the corresponding quarter of the previous financial year. The year-ago quarter's reported net profit of Rs 12.79 billion included a deferred tax benefit of Rs 8.91 billion.

Revenue from operations increased 26% year-on-year to Rs 48.69 billion in Q2 FY27, supported by higher wind turbine deliveries. The company delivered 710 MW during the quarter, compared with 565 MW in the year-ago period.

Despite the growth in revenue, operating profitability remained largely unchanged. Earnings before interest, tax, depreciation and amortisation (EBITDA) stood at Rs 7.20 billion, marginally lower than Rs 7.21 billion reported in the corresponding quarter last year. Consequently, the EBITDA margin contracted by 3.8 percentage points to 14.8%, from 18.6% a year earlier.

Profit before tax declined 7.8% year-on-year to Rs 5.18 billion during the quarter.

At the segment level, Renewable Energy Solutions revenue increased 30% year-on-year to Rs 42.12 billion. However, the segment result declined 22.5% to Rs 3.71 billion. Meanwhile, Renewable Energy Asset Management Services recorded an 11.2% increase in revenue to Rs 6.40 billion, while its segment result grew 51.5% to Rs 2.20 billion.