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Source: Live Mint Indian auto stocks have made a strong comeback in recent sessions, following a period of significant underperformance throughout August and early September. The recent rally has been largely driven by two-wheeler stocks, buoyed by expectations of improvement in sales during the ongoing festive season and good rainfall across India. Amid the recent…
Source: Business Standard 3 min read Last Updated : Sep 26 2024 | 10:22 AM IST Hero MotoCorp share price fall: Shares of largest two-wheeler manufacturer, Hero MotoCorp dropped up to 2.76 per cent to hit an intraday low of Rs 5,919.50 per share on Thursday, September 26, 2024. The downtrend in the Hero…
Source: Business Standard 4 min read Last Updated : Sep 24 2024 | 1:04 PM IST Mahindra & Mahindra (M&M) shares continued their upward journey to hit a new high of Rs 3,098, gaining 2 per cent on the BSE on Tuesday’s intra-day trade. In three days, the stock of the Mahindra group automobile…
Source: Business Standard Sensex, Nifty fly high: Benchmark indices – Sensex and Nifty 50 – witnessed a strong rally on Friday, September 20, 2024 on the back of a 50 bps rate cut by the Federal Reserve on September 18. The Sensex rallied 1,509.6 points intraday, hitting a fresh record high of 84,694.5 levels….
Source: Business Standard 2 min read Last Updated : Sep 19 2024 | 6:21 AM IST Nifty Auto Index The Nifty Auto Index is currently showing a bearish trend in the near term, indicating potential downside risks. Traders should closely monitor the 25600 level, as a trade and close below this mark could trigger…
Source: Business Standard 5 min read Last Updated : Sep 17 2024 | 1:42 PM IST Shares of Tata Motors dipped 3 per cent to Rs 960.65 on the National Stock Exchange (NSE) in Tuesday’s intra-day trade amid heavy volumes. Till 12:36 PM, a combined 39.9 million shares, representing 1.08 per cent equity of Tata…
Source: Business Standard 4 min read Last Updated : Sep 17 2024 | 12:47 PM IST Shares of Hero MotoCorp (HMCL) hit a record high of Rs 5,970, after its shares rallied 3 per cent on the BSE in Tuesday’s intra-day trade amid heavy volumes. The stock of the company gained on the back of…
Source: Business Standard 2 min read Last Updated : Sep 13 2024 | 10:26 AM IST Global brokerage Nomura picked Tata Motors, Mahindra & Mahindra (M&M), and Maruti Suzuki as its preferred stock after the government’s launch of the Rs 10,900 crore PM Electric drive revolution in innovative vehicle enhancement (PM E-DRIVE) scheme. Nomura…
Source: Business Standard 4 min read Last Updated : Sep 12 2024 | 11:29 AM IST Shares of Bajaj Auto extended their gains of the past three days to hit a new high of Rs 11,743.85 on the BSE in Thursday’s intra-day trade, after surging 3 per cent in early trades on the back of…
Source: Business Standard BMW, BMW Logo(Photo: Reuters) 3 min read Last Updated : Sep 11 2024 | 12:39 PM IST Shares of automotive component manufacturers Samvardhana Motherson International, Suprajit Engineering and Goodluck India slipped up to 3.6 per cent after German automobile company BMW trimmed its guidance for FY24. “The Board of Management…
