Indian equities began 2026 on a muted note, with benchmark indices closing flat amid thin trading volumes and a lack of global cues. While the Nifty and Sensex saw minor movements, stock-specific actions dominated, particularly in the auto sector. The FMCG index faced pressure due to a decline in ITC shares following an excise duty announcement.
CarTrade Tech shares slip 7% despite 19% YoY rise in Q1 profit; EBITDA surges 45%
CarTrade Tech shares fell over 7% despite the company reporting a strong Q1 FY27 performance, with consolidated net profit rising 19% YoY to Rs 51