📌 Seeing around 37 percent growth from states like Telangana, Andhra Pradesh
📌 Tamil Nadu contributed least due to sand mining issues.
📌 Clocked around 4 percent growth last year
📌 Affordable housing, upcoming elections aiding to growth from Karnataka.
📌 Expect momentum for CV demand to continue moving ahead.
📌 Higher Infra spending, road construction and decline in truck overloading aiding demand.
📌 Oil and Gas, Logistics and FMCG sector are driving demand for trucks.
📌 Big events like upcoming elections are the key to look for in markets.
📌 Good monsoon to aid rural sector, increasing bets on same.
📌 Have added technology, consumer and private sector banks to the portfolio
Gold Silver Reports (GSR) – Sobha Rises On Plan To Invest Rs 500 Crore In Gujarat – Shares of the real estate developer rose as much as 3.3 percent to Rs 568. The construction company plans to invest Rs 500 crore for a residential project in GIFT City, Gujarat, according to its stock exchange notification.
Gold Silver Reports (GSR) – Yes Bank Gains On Fund Raising Plan — Shares of the Mumbai-based private sector lender rose as much as 1.4 percent to …
Yes Bank Block Deal Alert Yes Bank has 29.6 lakh shares change hands in a block deal, Stock rises 0.6 percent to Rs 316. Buyers and …
✅ 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.