The new year will begin with many automobile companies raising the prices of their vehicles. Tata Motors Ltd will also raise prices of its commercial vehicles (CVs) by up to 3% from 1 January. It said the price hike is to offset the residual impact of the past input costs.Read More →
In a overall upbeat market on Monday, the Nifty Auto index gained more than 1% and touched a new 52-week high. According to analysts, this upward movement is being supported by significant buying in four-wheeler space. The Nifty Auto index is anticipated to maintain this trend going forward, with pricesRead More →
Also Read: Large cap speciality chemical stock fixes record date for 350% dividend, LIC held 1.40% stake in Q4 It is worth noting that more than 5 Nifty majors will release their quarterly earnings this week. They are Bharat Petroleum Corporation, Hindalco Industries, Grasim Industries, Sun Pharmaceutical Industries, Oil andRead More →
Also Read: Large cap speciality chemical stock fixes record date for 350% dividend, LIC held 1.40% stake in Q4 The stock market witnessed a consecutive three-day loss of wealth last week. After Friday’s gain, Nifty closed 0.61 per cent down at 18,203.40 levels and BSE Sensex settled at 61,729.68 points.Read More →
SVB collapse: After outbreak of Silicon Valley Bank (SVB) crisis, equity market across world came under the sell off heat. However, the SVB crisis taking shape of bank crisis in US as few more banks like Signature Bank, First Republic Bank, etc. have come under crisis. In fact, leading EuropeanRead More →
The Indian auto sector is poised to deliver strong stock returns in 2023, in Jefferies’ view. Demand is recovering from its worst slowdown in decades, and the global brokerage expects 12-18% volume CAGR for PVs, 2Ws and trucks over FY23-25E and Strong top-line growth along with improving margins should fuelRead More →
