Indian Stock Market Updates

Indian Stock Market Updates

✅ Indian equity benchmarks held on to gains led by Kotak Mahindra Bank, Reliance Industries, HDFC Bank and Larsen & Toubro.

✅ The S&P BSE Sensex rose 0.4 percent or 147 points to 33,115 and the NSE Nifty 50 index gained 0.5 percent or 50 points to 10,164.             

Read More →

Royal Enfield Sales Jump 27%

Gold Silver Reports (GSR) – Royal Enfield Sales Jump 27% — Royal Enfield, the two-wheeler division of Eicher Motors Ltd., reported a 27 percent jump in total sales to 76,087 units in March. The two-wheeler manufacturer had sold 60,113 units in March 2017.

Read More →

Maruti Posts Double-Digit Sales Growth

Maruti Suzuki Victoris

Gold Silver Reports (GSR) — Maruti Posts Double-Digit Sales Growth – Maruti Suzuki India Ltd.’s sales rose nearly 15 percent in March led by sales in the mini segment.                

Read More →

Auto Sales: Expectations For March

Gold Silver Reports (GSR) – Auto Sales: Expectations For March — Indian automobile makers are expected to end the financial year 2018 with a bang. That’s according to a BloombergQuint poll of two brokerage houses, which suggest double-digit sales growth in March for all segments, be it commercial vehicles or two-wheelers.        

Read More →

RBI says Examining Enforcement Action; PNB Fraud Case

PNB Q3 Results

Gold Silver Reports (GSR) – RBI says Examining Enforcement Action; PNB Fraud Case — Replying to an RTI query, the central bank also said it has been issuing necessary instructions to banks from time to time on a variety of issues of prudential supervisory concern, including the management of operational risks inherent in the functioning of banks.                                   

Read More →