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Source: Live Mint Auto Stocks: The earnings performance of most Original Equipment manufacturers (OEMS) is likely to remain muted during the January-March 2025 quarter or Q4FY25. The passenger vehicle sales growth remains in the slow lane as does that of two wheelers. The commercial Vehicles and tractor sales too have been a mixed bag. In…
Source: Live Mint Here’s a quick look at stocks likely to be in focus in today’s trade. Tata Motors, Hyundai Motors, Maruti Maruti Suzuki recorded slight growth, whereas Hyundai and Tata Motors experienced a drop in sales in February, as market sluggishness persisted with subdued demand. Glenmark Pharma According to the US health regulator, Glenmark…
Source: Live Mint Indian markets have declined 0.7 per cent so far in February, setting the indices up for a fifth consecutive month of losses. In 2025 so far, the benchmark indices have dropped over a per cent, weighed down by global economic uncertainties and elevated domestic valuations. The broader markets have faced a steeper…
Source: Live Mint Stock Market today: The domestic benchmark indices, Nifty 50 and Sensex, opened cautiously on Thursday due to monthly expiry and pre-budget volatility, which left investors feeling unsettled. The Sensex started off 43.69 points lower at 76,489.27, while the Nifty 50 experienced a slight decline of 5.30 points, opening at 23,157.80. Notably, despite…
Source: Live Mint On September 27, Indian equity benchmark indices, the BSE Sensex and NSE Nifty50, climbed to new record highs. The Nifty50 reached a record high of 26,277.35 but closed the trading session in red with a decline of 37.13 points, or 0.14 per cent, settling at 26,178.95. Meanwhile, BSE Sensex index reached an…
Source: Live Mint Shares of Bajaj Auto, one of the leading manufacturers of two-wheelers, fell nearly 2% in trade on Thursday, November 28 to hit a 4-month low of ₹9,013 per share. In intra-day trade, the stock briefly gave up the ₹9,000 level to trade at ₹8,992 apiece. The stock has been on a downward…
Source: Live Mint Indian auto stocks have been among the biggest casualties of the recent market sell-off. A combination of factors, including weak demand from urban consumers, rising inventory levels, a drop in UV sales, ongoing weakness in the entry-level car segments and a cautious outlook for FY25 from car manufacturers, has shaken investor confidence….
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 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: Live Mint Brokerage firm Choice Broking has released a report suggesting ten stocks to buy on the occasion of Diwali with an upside potential upto 70 per cent. Stocks to buy Bajaj Auto: Buy at ₹10,501 | Target Price: ₹12,483 | Potential Upside: 18.9% We remain optimistic about Bajaj Auto’s growth trajectory in the…
