Sensex: Peak 75K some feel weary, but most remain bullish

Sensex: Peak 75K some feel weary, but most remain bullish

Mumbai: Indian equity indices ended a tad lower on Tuesday after hitting record highs earlier in the trading session with the Sensex touching the 75,000 milestone for the first time. Market participants said equities looked weary after the recent run-up, prompting some to cut a portion of their bullish bets, but the undertone is still … Read more

auto stocks: Auto has enough horsepower to race on high-way and overtake

auto stocks: Auto has enough horsepower to race on high-way and overtake

Mumbai: Most auto company stocks made fresh highs on Monday in anticipation of strong March quarter results from them. Traders created fresh bullish bets on auto stock futures as the recent outperformance is expected to continue through the current valuations may be reflecting most of the optimism around the share prices. Maruti Suzuki, Mahindra & … Read more