Indian markets started on a strong note on Monday tracking positive global cues. The S&P BSE Sensex reclaimed the 54,000 mark while the Nifty50 inched closer towards 16,200 levels in the first 15-minutes of trade. Sectorally, buying was seen in IT, metals, capital goods, industrials, utilities, and the public sector. Nifty50 is likely to face … Read more
Indian market started on a strong note on Friday, tracking positive global cues. The S&P BSE Sensex rallied nearly 300 points while Nifty50 reclaimed 16,000 levels in the first 15 minutes of trade. The rupee hit a fresh record low for the 5th day as it touched 79.94 against the US dollar. Sectorally, buying was … Read more
NEW DELHI: Most analysts are turning bullish on auto stocks as Q1 volumes recover across segments and supply side issues seem to be easing, with an improvement in the supply of semiconductors. Led by rallies in , MRF, Mahindra & Mahindra, Hero Moto and , the Nifty Auto index is up over 8 per cent … Read more
Mumbai: Shares of automobile makers surged on Thursday as the recent decline in global commodities, including metals, prompted investors to lap up some of the battered names. The BSE Auto index jumped 4.4% emerging as the top sector gainer on Thursday led by gains in Maruti Suzuki India‘s shares which rose 6.3% to 8,274.60. Eicher … Read more
Mumbai: The Reserve ‘s interest rate hike for the second straight month has not dampened investors’ appetite for shares of companies sensitive to interest rate moves such as banks, real estate and automobiles. But, analysts warn that further rate increases could result in fewer stocks remaining attractive as investors assess the impact of higher interest … Read more
Shares of automobile manufacturers got a boost after the government cut excise duty on fuel and imposed export duty on steel inputs. Two -wheelers, in particular, are high on investors’ radar as they could benefit the most from the government moves. , , are top picks of analysts’ after the government’s move. The BSE Auto … Read more
Nifty futures on the Singapore Exchange traded 14 points, or 0.10 per cent, lower at 14,518.50 in signs that Dalal Street was headed for a negative start on Wednesday. Here are a dozen stocks which may buzz the most in today’s trade: Tata Steel, Adani Green Energy: Adani Green Energy, , SRF, , Gillette India, … Read more