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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 Muhurat Trading 2024: Indian markets ended higher in the special session on Friday, November 1, 2024, rising for the seventh straight Muhurat trading session. Indian markets ended higher in the special session on Friday, November 1, 2024, rising for the seventh straight Muhurat trading session. The Sensex ended 335.06 points higher or…
Source: Live Mint Shares of Samvardhana Motherson International (SAMIL), the flagship company of the Samvardhana Motherson Group, have made remarkable strides on Dalal Street this year, setting new records and surpassing significant milestones. This impressive performance has translated into substantial returns for shareholders. So far this year, the company’s shares have surged from ₹103 to…
Source: Business Standard 2 min read Last Updated : Oct 10 2024 | 7:31 AM IST Nifty IT Index: Sell on Rise Near Resistance Levels The Nifty IT Index is currently trading close to its key resistance level, making it a prime candidate for a “sell on rise” strategy for near-term traders. The resistance…
Source: Live Mint Rate-sensitive sectors surged on Wednesday, October 9 following the Reserve Bank of India (RBI)’s decision to change its policy stance to ‘Neutral’ from ‘Withdrawal of Accommodation,’ indicating the possibility of a rate cut in December. The RBI’s Monetary Policy Committee (MPC), however, kept the repo rate unchanged at 6.5 per cent for…
Source: Business Standard Nifty Auto down, Tata Motors share, Maruti Suzuki shares, M&M shares 3 min read Last Updated : Oct 03 2024 | 3:28 PM IST Automobile stocks plunged in Thursday’s trade with all 15 stocks in the Nifty Auto index falling up to 4.3 per cent intraday today. The index also slipped…
Source: Live Mint The Indian stock market crashed on Thursday, 3 October, with benchmark indices Sensex and Nifty 50 witnessing sharp declines of over 2 per cent each, driven by escalating geopolitical tensions in the Middle East and weak global cues. The broader markets followed suit, with Nifty Midcap and Nifty Smallcap indices tumbling more…
Source: Business Standard Stock Market, BSE, Nifty, Capital(Photo: Shutterstock) 2 min read Last Updated : Sep 26 2024 | 6:26 AM IST Nifty IT Index: Bearish Trend with Selling Pressure The Nifty IT Index is currently exhibiting a bearish trend in the near term. A close below 41,600 would trigger additional selling pressure,…
Source: Business Standard 4 min read Last Updated : Sep 20 2024 | 3:24 PM IST After the US Federal Reserve’s supersized rate cut by half a percentage or 50 basis points (bps) late on Wednesday, analysts suggest investors stock up rate sensitives like banks, auto, and real estate. “Our portfolio strategy would…
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