Benchmark indices remained stable as investors remained on the sidelines before the Reserve Bank of India’s interest rate decision later in the week. The Sensex grew a trivial 5 points to 62,792 and the Nifty ended at 18,599 levels, while banking, auto, and financials emerged as winners, and FMCG, IT, and pharma as laggards. Ultratech Cement and Mazagon Dock Shipbuilders are both suggested as “Buys” by Pravesh Gour, Senior Technical Analyst at Swastika Investmart, while Persistent Systems is viewed positively as well.
Cochin Shipyard shares tumble 8% as Q2 profit falls 50% YoY despite revenue growth
Cochin Shipyard shares fell sharply on Wednesday after the company reported a nearly 50% year-on-year decline in Q2 FY27 net profit to Rs 54 crore.
November 11, 2026