Equity benchmarks, the BSE Sensex and Nifty, ended lower on Thursday due to the Fed’s hawkish comments, which overshadowed the pause in rate hikes. L&T Finance rose 4.72%, RBL Bank dropped 3.78%, and Godrej Properties was up 4.15%. According to Amol Athawale, VP-Technical Research Analyst at Kotak Securities, investors should buy L&T Finance above Rs 113, buy RBL Bank above Rs 175 and buy Godrej Properties on dips.
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.