Two-Wheeler Retail Sales Fall For Fourth Straight Month. Sales of two-wheelers at dealerships stayed below the pre-pandemic level as registrations fell for the fourth straight month amid waning pent-up demand and mounting fuel prices.
Stock Market
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Stocks Tips For Today : Engineers India, Jaiprakash Power Ventures
Stocks tips For Today : Engineers India, Jaiprakash Power Ventures. Indian equities snapped a three-day winning streak, ending lower on the weekly options expiry session. Weakness was witnessed across the board, especially in banking and metal stocks. The S&P BSE Sensex ended 1.1% lower at 50,846 while the NSE Nifty 50 declined 1.1% to end at 15,080. While the Sensex recovered 300 points, the Nifty recovered 100 points from their respective day’s low.
Tata Motors Domestic Sales Rise 54%
Tata Motors Ltd. reported a 54% year-on-year increase in total domestic sales aided by strong demand for its passenger car business and revival of commercial vehicle segment.
What stock should I invest in today? Axis Bank, Maruti, Max Financial
What stock should I invest in today? Axis Bank, Maruti, Max Financial, Cadila Healthcare, Indiabulls Real Estate, Indian equities had a session marred by a technical outage that disrupted trading on the National Stock Exchange for nearly five hours.
Stocks To Watch: Hindalco, Info Edge, Vedanta, Bharti Airtel, Bharat Forge
Stocks To Watch: Hindalco, Info Edge, Vedanta, Bharti Airtel, Bharat Forge : Indian equities fell the most in two months on Monday, ending lower for the fifth straight session as a rise in active Covid-19 cases across the country dented sentiment. The S&P BSE Sensex ended 2.2% or 1,145 points lower at 49,744 while the NSE Nifty 50 index fell 2% or 300 points to end at 14,675.
Asian Stocks Dip as China Pares Rally; Oil Climbs
Asian stocks slipped and Chinese shares pared a rally Thursday as traders weighed the implications for equities of the recent jump in Treasury yields. Crude oil extended its advance after a cold blast disrupted U.S. output.
Motherson Sumi Systems: Maintain ‘buy’; raise TP to Rs 252
Motherson Sumi Systems: Margins to enter a new orbit with cost reduction and premiumization. Action, maintain ‘buy’; raise target price to Rs 252, implying close to 28% upside.