Although the benchmark indices opened lower, they traded on a negative note throughout the session and ultimately closed red.
Indian equity benchmarks indices, Sensex and Nifty50 ended lower as pharma and healthcare shares weighed.
At the closing bell, the BSE Sensex closed 252 points lower (down 0.3%)
Meanwhile, the NSE Nifty closed 99 points lower (down 0.4%)
Infosys, Tech Mahindra, TCS are the top gainers today.
Bajaj Finance, Eternal, ICICI Bank on the other hand, were among the top losers today.
The GIFT Nifty was trading at 22,847 with 477 points higher at the time of writing.
The BSE 150 Midcap index is trading 0.05% lower and the BSE 250 SmallCap index is trading 0.08% higher.
Sectoral indices traded mixed today, with buying interest witnessed in the stocks of IT sector and power sector. Meanwhile, stocks in insurance sector and auto sector witnessed selling pressure.
The rupee is trading at Rs 95.1 against the US$.
Gold prices for the latest contract on MCX are trading 0.4% lower at Rs 1,47,831 per 10 grams.
Meanwhile, silver prices were trading 0.8% lower at 2,17,280 per 1 kg.
BHEL Q2 FY27 Results
Shares of Bharat Heavy Electricals Limited (BHEL) came into focus after the company reported its Q2 FY27 results.
The company had reported a net profit of Rs 3.82 billion (bn) in Q1FY27.
Revenue from operations increased 23.8% YoY to Rs 93.00 bn in Q2FY27, from Rs 75.12 bn in the year-ago period.
EBITDA margin expanded by 330 bps YoY to 11.02%, compared with 7.73% in Q2FY26.
Bharat Electronics Limited (BEL) has been an important part of India's defence electronics ecosystem for more than seven decades.
BEL also operates in the aerospace segment and continues to expand its product and technology capabilities. Its focus on indigenous development allows it to participate in India's broader push towards self-reliance in defence technology.
Canara Bank Q2 FY26 Results
Shares of Canara Bank came into focus after the company reported its Q2 FY27 results.
Canara Bank reported an 8.4% YoY growth in net profit to Rs 51.75 bn for Q2FY27, compared with Rs 47.74 bn in the corresponding quarter last year. Total income increased 6% YoY to Rs 409.32 bn in Q2FY27 from Rs 385.98 bn in Q2FY26.
The bank's global business grew 15.9% YoY to Rs 30.72 trillion in the September quarter. Global deposits rose 13.1% YoY to Rs 16.97 trillion, while advances increased 19.5% to Rs 13.75 trillion.
Overall retail credit grew 31.6%, with housing loans and vehicle loans increasing 17.4% and 25.5%, respectively.
On the asset quality front, gross non-performing assets (GNPA) improved by 102 bps QoQ to 1.33%, while net non-performing assets (NNPA) improved by 24 bps to 0.30%.
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