The US economy has been much better than expected. It has been stronger for longer and of course, then it also translates to higher interest rates for longer, probably, but the fact is that the US economy is doing quite well.
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.
Kalyan Jewellers shares surged 10% after the company reported a 64% year-on-year jump in Q2 FY27 net profit to Rs 427 crore, aided by a
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