Tag: Auto stocks
9 Results
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Sensex down 320 points, auto stocks slump
The weakness in the domestic indices came on the back of a similar trend in the Asian markets along with a sharp decline in rupee and a slowdown in the manufacturing PMI data, analysts said.
January 2, 2019 -
Equity indices in red as auto, metal stocks slump
Index-wise, the NSE Nifty50 traded at 10,980 points (1.54 p.m.), lower by 2.45 points or 0.02 per cent from the previous close.
September 28, 2018 -
Equity indices end in green as auto stocks surge, rupee recovers
The key Indian equity indices closed in the green on Friday supported by healthy buying activity in the auto stocks and a recovery in the rupee from its from its previous close.
September 7, 2018 -
Equity closes in red, auto stocks fall
Amid volatility, the key Indian equity indices provisionally closed in the red on Thursday.
June 21, 2018 -
Domestic equity indices decline, auto stocks fall
The key Indian equity indices traded in the red during the morning session on Tuesday as heavy selling took place in automobile, IT and banking stocks.
June 19, 2018 -
Sensex, Nifty close higher; Metal, Auto stocks shine
Outperforming Asian equity markets, domestic bourses closed Tuesday’s trading session in the positive zone. The Sensex at the Bombay Stock Exchange (BSE) ended 173 points higher at 26,900 and the Nifty at the National Stock Exchange (NSE) closed 53 points up at 8,289. In the broader markets, BSE Midcap index jumped 0.8 per cent while …
Continue reading "Sensex, Nifty close higher; Metal, Auto stocks shine"
January 10, 2017 -
Nifty snaps 4-day rally; auto, bank stocks plunge
Stocks snapped a 4-day winning streak on Monday as banks bore the brunt of heavy selling after they slashed lending rates on home loans as a part of Prime Minister Narendra Modi's drive to make housing more affordable to the poor. Real Estate stocks surged on hopes that lower interest rates will spur demand for their excessive …
Continue reading "Nifty snaps 4-day rally; auto, bank stocks plunge"
January 2, 2017 -
Nifty inches up in positive territory as buyers lurk at lower levels
Buying into select stocks resurfaced in Monday's late afternoon session as the bulls refused to give up their dominance for the fifth session in a row. Major indices had opened lower in morning trade as investors worked the math on a drastic cut in interest rates by banks on home loans. As a consequence, the …
Continue reading "Nifty inches up in positive territory as buyers lurk at lower levels"
January 2, 2017 -
Some auto stocks slip as December sales disappoint
Most two-wheeler companies inched lower on the first trading day of January as they reported sales that reflected slipping demand following the government's demonetisation process. The absence of 86 per cent financial liquidity in the market resulted in demand for luxury items dropping since November as citizens concentrated on meeting bare necessities rather than spending on …
Continue reading "Some auto stocks slip as December sales disappoint"
January 2, 2017