Indian equity markets saw gains on Friday, with the Nifty rising by 0.74% to end above the 18,800 level. Mid- and small-caps outperformed the headline indices, while the Nifty Mid-cap index hit an all-time high. The bullish market sentiment was due to hopes of an extended pause in rate changes by the Fed, coupled with an increase in retail sales and a decline in import prices. Technically, the Nifty formed a long bull candle, indicating a positive trend. Moving Average Convergence Divergence (MACD) showed bullish trades on the likes of BHEL and HDFC while signals of weakness were seen on IOC and Sobha among others.
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