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Source: Live Mint Stock Market Today: Stock Market Today: Rising tensions between Russia and Ukraine weighed heavily on the markets during the final hour of trade on Tuesday, November 19, causing both frontline indices to retreat sharply from their intraday highs. Profit booking at higher levels also contributed to the reversal in stock prices. However,…
Source: Live Mint Hinduja Group flagship Ashok Leyland announced on Friday a consolidated profit of ₹766.55 crore for the July-September 2024 quarter. The city-based heavy commercial vehicle maker had registered a consolidated profit of ₹550.65 crore during the corresponding quarter of the previous financial year. The consolidated total income during the quarter rose to ₹11,261.84…
Source: Live Mint In the special Muhurat trading session held on Friday, November 1, the Nifty Auto index closed over 1 percent higher, buoyed by a recovery in auto sales reported for October 2024. The festive momentum was reflected across the market, with Nifty Auto rising as much as 1.24 percent to 23,805.60, outperforming the…
Source: Live Mint Shares of Mahindra & Mahindra (M&M) surged over 3 percent during the special Muhurat trading session on Friday, following the company’s record-breaking SUV sales in October 2024. M&M achieved its highest-ever domestic SUV sales, delivering 54,504 vehicles, marking a robust 25 percent year-on-year growth in the SUV segment. The company’s total sales…
Source: Live Mint The Indian front-line indices made a significant rebound during the second half of the trading session today, October 29, recovering from an initial downturn that saw them tumble sharply in the first half of the day. This recovery was primarily driven by strong performances from heavyweights such as Reliance Industries and HDFC…
Source: Live Mint With the automobile industry witnessing strong growth on account of increasing demand for four-wheelers, urbanisation, a shift towards electric vehicles (EVs), and strong government support, the Hyundai IPO couldn’t have come at a better time. Maruti Suzuki and Hyundai Motors are leading players in India’s automobile market, but which is the better…
Source: Live Mint Indian stock market today: Indian stocks struggled once again to gain momentum, as significant declines in FMCG and realty stocks dragged the frontline indices to a flat close on Thursday, October 24. While banking stocks, particularly those from the public sector, provided some support to the market, they were insufficient to lift…
Source: Live Mint The auto sector has delivered a stellar performance over the past year. Since Samvat 2080, the Sensex has risen 23 per cent, while the BSE Auto index has surged 50 per cent. Year-to-date (YTD), the auto index has rallied 31 per cent, significantly outperforming the benchmark’s 11 per cent rise. Falling commodity…
Source: Business Standard 2 min read Last Updated : Oct 10 2024 | 3:07 PM IST As the Indian markets braces for the opening of the initial public offering (IPO) of Hyundai Motor India, which will be the first IPO from the auto industry in two decades following Maruti Suzuki’s listing in 2003, Samir Arora…
Source: Live Mint Concerns over escalating tensions in the Middle East weighed heavily on the Indian market this week, driving the benchmark equity indices lower for the fifth consecutive session on Friday, 4 October. Both the Sensex and the Nifty clocked significant losses in Friday’s trading session. The Nifty 50 closed 0.81% lower at 25,014…
