Indian equity indices closed flat on Tuesday, as gains in autos and real estate offset a drop in information technology stocks ahead of an anticipated pause in the US Federal Reserve’s rate hike. Analysts predict that the general trend will continue to remain flat, though there is potential floor support at 18,500 and resistance at 18665 for the index.
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.