Tata motors

The Indian benchmark indices continues to trade in the green but is off the high point of the day with Nifty up 23 points at 11,869 while the Sensex added 77 points and is trading at 39,669 level.Nifty Realty is up over 2 percent led by Godrej Properties, Prestige Estates, Oberoi Realty, Sobha, Sunteck Realty, Indiabulls Real Estate, Unitech and Brigade Enterprises.Auto stocks continue to buzz led by Tata Motors and Tata Motors DVR which jumped over 3 percent each followed by Ashok Leyland, Eicher Motors, Motherson Sumi Systems and Mahindra & Mahindra.Close India VIX is down 2.17 percent and is trading at 14.43 levels. related news Market Live: SGX Nifty indicates a positive opening for Indian indices SBI Cards to list commercial paper on BSE for an issue size of Rs 400-cr Trade Setup for Friday: Top 15 things to know before Opening Bell From the banking space, the top gainers are Federal Bank, State Bank of India, Axis Bank, HDFC Bank, … [Read more...] about D-Street Buzz: Auto stocks gain led by Tata Motors; HDFC Bank, Titan Company at new highs

Tata Motors share price gained for the third consecutive session, rising 6 percent in the morning trade on December 13, amid hopes that the Brexit could happen by January as exit polls predicted a big win for Prime Minister Boris Johnson is the UK election.The stock was the second top BSE gainer, rising more than 15 percent in three sessions. It was quoting at Rs 179.55, up Rs 6.20, or 3.58 percent, at 1058 hours."At this stage it does look as though this one-nation Conservative government has been given a powerful new mandate to get Brexit done and not just to get Brexit done but to unite this country and take it forward," Johnson said.Close In the run-up to the polls, the Conservative leader had promised to get Britain out of the European Union by January 31 and a new trade deal with the bloc by the end of 2020. related news D-Street Buzz: PSU Bank, metal stocks shine led by SBI, Vedanta; Tata Motors up 3%, pharma drags Mastek share price up 9% on stake sell in … [Read more...] about Tata Motors share price up 6% as Boris Johnson wins UK election

The Indian stock market is trading on a handsome note with Sensex jumping 307.99 points or 0.76 percent at 40889.70 while the Nifty gained 74.70 points and is trading at 12046.50.Nifty Metal is the outperforming sector, up 2 percent following news that the United States had reached a "deal in principle" with China to resolve a trade war that has rattled markets for nearly two years.Close The top gainers included Vedanta, Tata Steel, Hindalco Industries, Coal India, NALCO, SAIL, Hindustan Copper and Hindustan Zinc. related news BoB shares climb over 3% after share purchase agreement with Ansa Merchant Bank Mastek share price up 9% on stake sell in Majesco USA PSU Banks are also buzzing led by Oriental Bank of Commerce, Union Bank of India, State Bank of India, Syndicate Bank, Central Bank of India, Canara Bank, Bank of Baroda and Bank of India.Nifty Auto added a percent led by Tata Motors, Bharat Forge, Motherson Sumi Systems, Ashok Leyland, … [Read more...] about D-Street Buzz: PSU Bank, metal stocks shine led by SBI, Vedanta; Tata Motors up 3%, pharma drags

The auto sector has been passing through one of its worst phases brought on by a sustained decline in sales, shift in technology and regulatory norms and prolonged weakness in India's financial space.Investors have been offloading their bets in auto stocks, causing most of them to suffer deep losses.In November, the domestic passenger vehicle (PV) sales shrunk by about 9 percent YoY. Domestic commercial vehicle sales were down nearly 18 percent while those of two-wheelers (2Ws) declined by about 14 percent YoY.Close However, overall three-wheeler (3W) segment sales grew by nearly 7 percent YoY, primarily led by improvement in export markets. related news Morgan Stanley bullish on NTPC, Adani Ports and L&T Infotech Ujjivan Small Finance Bank: Should investors buy, sell or hold after the bumper listing? Though the sales numbers are still subdued, brokerages and industry experts are of the view that the auto sector is gearing up for an upward journey."Ongoing marriage … [Read more...] about Demand looking up for autos; these stocks likely to gain the most

Following weak Asian cues, the Indian benchmark indices are trading in the red with Nifty down 15 points and is trading at 11,708 while the Sensex shed 55 points and is trading at 39,139 level.Nifty Energy is down over a percent dragged by HPCL, BPCL, Indian Oil Corporation, ONGC and Reliance Industries.Auto stocks are also down in this morning session, the top losers are Bajaj Auto, Hero MotoCorp, Eicher Motors, Motherson Sumi Systems, Maruti Suzuki, TVS Motor and Tata Motors.Close However, PSU Banks are trading in the green led by Bank of Baroda, PNB, State Bank of India, Central Bank of India, Canara Bank and IDBI Bank. related news Sterling & Wilson Solar share price gains 3% after Australian arm executes order Hikal share price jumps 12% as Panoli plant receives EIR from USFDA HDFC becomes the 5th firm to cross Rs 4 lakh crore in market cap India VIX jumped 3.63 percent and is trading at 15.14 levels.The top gainers from the … [Read more...] about D-Street Buzz: Nifty Auto underperforms dragged by Bajaj Auto, TVS Motor; VIX jumps, oil & gas slips