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Source: Live Mint Stocks to buy for the long term: Despite strong volatility caused by heightened uncertainty surrounding the trade war, Q4 earnings, and geopolitical tensions, the Indian stock market benchmark Nifty 50 extended its gains for the second consecutive month in April. Even as the volatility index, India VIX, surged 43.3 per cent last…
Source: Live Mint April auto sales: Three out of India’s four leading passenger vehicle makers reported weak sales to dealers in April amid a continued slowdown in urban consumer demand, impacted by falling wages and rising prices, prompting budget-conscious buyers to postpone their vehicle purchase plans. Entry-level cars, which are generally smaller, simpler, and more…
Source: Live Mint Multibagger large cap stocks: Indians bought 41.53 lakh cars in the last financial year — the highest-ever sales in any fiscal year — with annual volumes staying above the 40-lakh mark for the third consecutive year. Rising incomes, an expanding middle class, and rapid urbanisation have been key drivers behind the steady…
Source: Live Mint The Indian stock market traded lower on Friday, with both the benchmark indices Sensex and Nifty 50 falling over half a percent each, dragged by profit booking after a sharp rally in the previous session. Selling was seen in IT, pharma, private banks and auto stocks, while metals, PSU banks and realty…
Source: Live Mint The Indian Passenger Vehicle (PV) industry experienced a subdued September quarter, with Original Equipment Manufacturers (OEMs) reporting varied performance in terms of volume growth and margin trajectories. Industry wholesales, including exports, declined by 1% year-on-year (YoY) during the July-September 2024 quarter. The competitive dynamics within the sector have undergone significant shifts in…
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 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…
