Asian markets were trading mixed on Wednesday after Wall Street ended lower overnight, as stronger-than-expected US inflation data raised expectations of another Federal Reserve rate hike in December.
US markets ended Tuesday's session in the red. The decline followed the release of US consumer price index (CPI) data for October, which showed inflation rising faster than economists had expected.
Here's a table showing how US stocks performed on Tuesday:
Stock/Index | LTP | Change ($) | Change (%) | Day High | Day Low | 52-Week High | 52-Week Low |
|---|---|---|---|---|---|---|---|
Alphabet | 284.92 | -1.09 | -0.38% | 289.5 | 283.37 | 404.44 | 271.41 |
Apple | 348.51 | -2.18 | -0.62% | 353.87 | 346.46 | 355.38 | 243.42 |
Meta | 641.39 | 0.02 | 0.00% | 647.28 | 635.5 | 779.82 | 520.26 |
Tesla | 379.78 | 1.73 | 0.46% | 380 | 370.4 | 498.83 | 297.38 |
Netflix | 63.26 | -0.69 | -1.08% | 63.75 | 62.6 | 116.73 | 61.4 |
Amazon | 270.87 | 3.94 | 1.48% | 272.88 | 266.14 | 287.16 | 196 |
Microsoft | 533.16 | -12.02 | -2.20% | 544.19 | 526.37 | 559.15 | 349.2 |
Dow Jones | 52231.89 | -157.86 | -0.30% | 52316.89 | 51977.08 | 54744.33 | 45057.28 |
Nasdaq | 27740.8 | -166.83 | -0.60% | 27990.34 | 27421.18 | 31361.37 | 22841.42 |
Source: Equitymaster
At present, the BSE Sensex is trading 1,179 points higher, and NSE Nifty is trading 324 points higher.
Bajaj Finance, Asian Paints, ICICI Bank are the top gainers today.
Sectoral indices are trading on a positive note today, with stocks in auto sector and private bank sector witnessed buying interest.
The rupee is trading at Rs 93.7 against the US dollar.
Kalyan Jewellers Q2 FY27 Results
Kalyan Jewellers India reported a 64% year-on-year (YoY) increase in consolidated profit after tax (PAT) to Rs 4.27 bn in Q2 FY27, compared with Rs 2.61 bn in the corresponding quarter of the previous fiscal.
Revenue from operations grew 32% YoY to Rs 103.23 bn during the September quarter, against Rs 78.56 bn in Q2 FY26.
For H1 FY27, the company's consolidated PAT increased 48% YoY to Rs 7.76 bn, compared with Rs 5.25 bn in the year-ago period. Revenue from operations rose 38% YoY to Rs 209.12 bn from Rs 151.25 bn in H1 FY26.
Commenting on the performance, Executive Director Ramesh Kalyanaraman said the ongoing festive quarter had started on a strong note, with encouraging growth, particularly during Navratri and Dhanteras. He added that the company remained optimistic about the wedding season and expected to close the quarter on a strong note.
Cochin Shipyard Q2 FY27 Results
Cochin Shipyard reported a nearly 50% year-on-year (YoY) decline in consolidated net profit to Rs 0.54 bn in Q2 FY27, compared with Rs 1.08 bn in the corresponding quarter of the previous fiscal. Net profit also declined more than 64% sequentially from the June quarter.
However, revenue from operations increased nearly 12% YoY to Rs 12.49 bn during the quarter, against Rs 11.19 bn in Q2 FY26.
Earnings before interest, taxes, depreciation and amortisation (EBITDA) declined 30.7% YoY to Rs 0.51 bn from Rs 0.74 bn a year ago. Consequently, EBITDA margin contracted to 4.1% in Q2 FY27 from 6.6% in the corresponding period last year.
Total income increased to Rs 13.32 bn in the reported quarter, compared with Rs 12.46 bn in Q2 FY26. Meanwhile, total expenses rose to Rs 12.57 bn from Rs 10.96 bn in the year-ago period.
Separately, the company's board declared an interim dividend of Rs 3 per equity share of Rs 5 each, translating into a 60% payout for FY27. The board fixed November 16, 2026, as the record date for determining shareholder eligibility. The dividend will be paid to eligible shareholders on or before December 9, 2026.
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