Although the benchmark indices opened lower, they remained in negative territory throughout the session and eventually closed in the red.
Indian equity benchmarks indices, Sensex and Nifty50 ended lower for the third day as oil prices advanced, raising concern about the inflation outlook.
At the closing bell, the BSE Sensex closed 460 points lower (down 0.6%)
Meanwhile, the NSE Nifty closed 124 points lower (down 0.5%)
Bajaj Finance, ICICI Bank, Sun Pharma are the top gainers today.
Eternal, HDFC Bank, Trent on the other hand, were among the top losers today.
The GIFT Nifty was trading at 22,714 with 14 points lower at the time of writing.
The BSE 150 Midcap index is trading 0.7% lower and the BSE 250 SmallCap index is trading 0.9% lower.
Baring healthcare sector all other sectoral indices traded negative today, with stocks in IT sector and power sector witnessed selling pressure.
The rupee is trading at Rs 94.8 against the US$.
Gold prices for the latest contract on MCX are trading 0.8% lower at Rs 1,44,821 per 10 grams.
Meanwhile, silver prices were trading 2.7% lower at 2,03,506 per 1 kg.
IGIL Q2 FY27 Results
Shares of International Gemological Institute Limited (IGIL) came into focus after the company reported its Q2 FY27 results.
IGIL reported a 43% year-on-year increase in consolidated profit after tax (PAT) to Rs 1.85 bn (bn) in the September quarter of FY27, compared with Rs 1.29 bn in the corresponding quarter of the previous fiscal year, supported by healthy demand and strong operational execution.
Revenue from operations rose 31% year-on-year to Rs 3.98 bn in Q2FY27, from Rs 3.04 bn a year earlier. EBITDA increased 39% to Rs 2.44 bn, while the EBITDA margin expanded by 340 basis points to 61.4%, compared with 58% in Q2FY26.
The company reported broad-based growth across its business segments during the quarter. Revenue from lab-grown diamond (LGD) loose stones increased 37% year-on-year, while LGD jewellery grew 47%. Natural diamond loose stones and natural diamond jewellery recorded growth of 8% and 3%, respectively. Coloured gemstones registered a sevenfold increase, including the contribution from AGL.
For the first half of FY27 (April-September), IGIL's revenue from operations grew 27% year-on-year to Rs 7.688 bn, while PAT increased 37% to Rs 3.51 bn.
Adani Green Energy Q2 FY27 Results
Shares of Adani Green Energy shares came into focus after the company reported its Q2 FY27 results.
Adani Green Energy reported a 24% quarter-on-quarter (QoQ) decline in consolidated net profit to Rs 7.47 bn in Q2FY27, compared with Rs 9.83 bn in the preceding quarter ended June 2026. However, net profit increased 16% year-on-year (YoY).
Revenue from operations declined 6% QoQ to Rs 40.19 bn from Rs 42.80 bn in Q1FY27, while it rose 45% YoY from Rs 27.76 bn in the corresponding quarter of the previous fiscal year.
The company added 621 MW of capacity during Q2FY27, compared with 864 MW in Q2FY26 and 848 MW in Q1FY27. It also added 3,081 MWh of battery energy storage systems (BESS) during the quarter, up from 2,175 MWh in the preceding quarter. Following these additions, its installed capacity stood at 20,763 MW, alongside 6,632 MWh of BESS capacity.
Grid availability was affected by delays in transmission line development. Adani Green incurred capital expenditure of Rs 160 bn during H1FY27, alongside debt drawdowns of Rs 137 bn. Its net debt stood at Rs 1.03 trillion.
Energy sales increased 33% YoY to 12,090 million units (MUs) in Q2FY27. For H1FY27, energy sales rose 32% YoY to 25,747 MUs.
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