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2 January, 2019 8:52 AM Sensex down 320 points, auto stocks slump

New Delhi: The Indian equity market declined on Wednesday with the S&P BSE Sensex losing over 300 points during the afternoon session. 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. Most sectoral indices traded 145

2 January, 2019 8:35 AM Metal stocks lose shine as China’s factory activity shrinks first time in 19 months

The Indian stock market has slipped further in the afternoon session on January 2 with the Nifty50 down close to 150 points and the Sensex down about 450 points. Nifty Metal and auto index were the underperforming sectors, down close to 3 percent dragged by Hindalco Industries, JSPL, JSW Steel, Tata Steel, NALCO and Vedanta. Nifty Metal was down almost 158

2 January, 2019 4:11 AM Bajaj Auto December sales at 3.46 lakh units, a jump of 18%; exports rise

Bajaj Auto on Wednesday reported total sales of 3.46 lakh units for December. This implies growth of 18 percent over 2.92 lakh units sold in December 2017. Its exports jumped 16 percent at 1.65 lakh units against 1.43 lakh units last year. Domestic sales have risen 21 percent at 1.8 lakh units against 1.49 lakh units year on year. Motorcycle sales grew 31 percent 62

1 January, 2019 4:27 AM Atul Auto surges nearly 11% as December sales jumps 50%

Share price of Atul Auto surged nearly 11 percent intraday Tuesday as company reported healthy sales numbers for the month ended December 2018. The company has reported 50 percent jump in its December 2018 total sales at 4,332 units against 2,890 units, in December 2017. Its total sales for April to December (2018-19) period was up 21.3 percent at 37,767 against 104

31 December, 2018 5:53 AM Nifty to consolidate before a move towards 11,000 in January: Kotak Securities

The Nifty50 performed as per expectations last week as it reversed from 10,980-11,020 and later recovered sharply from lower levels. However, retracement while correcting was larger than expected, which has again kept the market uncertain whether it will cross the previous immediate highest level (10,985). Comparing the trend of large-cap stocks with the trend 93

31 December, 2018 4:49 AM D-Street Buzz: Metals shine led by SAIL, Tata Steel; Titan jumps 4%, RIL most active

The breadth of the market favoured the advances with 1129 stocks advancing and 643 declining while 114 remained unchanged. On the BSE, 1152 stocks advanced, 480 declined and 97 remained unchanged. The Indian benchmark indices has been trading on a positive note in this Monday morning session with the Nifty50 adding 29 points, trading at 10,889 while 132

27 December, 2018 2:43 PM India's auto sector may attract $8-10 bn investments by 2023: Govt

The country's automobile sector, which attracted $16.5 billion in FDI between April 2000 and December 2016, is expected to attract $8-10 billion more in local and foreign investments by 2023, the government said. The Year End Review 2018 of the Ministry of Heavy Industries and Public Enterprises, which made the projections, said growth of the industry 108

27 December, 2018 5:31 AM 2019 to be year of low volatility, low return; immediate Nifty target at 11,800: Narnolia

Shailendra Kumar of Narnolia FInancial Advisors said forthcoming general election will impact market volatility but not the return. The year 2019 is starting with a highly pessimistic backdrop that spans asset classes and geographies. During the last few months, major equity indices have fallen 15-25 percent from their respective peaks. US equity index 186

25 December, 2018 7:20 AM Sponsored: Why Volkswagen's DSG Is Busting The Myth Behind Automatic Gearboxes

Commute. It's a common term now, and while most of us do it every single day of our life and getting from point A to point B has become part of our everyday functioning. With cities expanding and consumer buying sentiments growing, cars have started to play a significant role in the lives of people and the sheer number of cars on the road has quadrupled 99