Indian car exports: Car shipments shifting back to pre-Covid gear; Maruti, Hyundai at the top

Made-in-India car exports are set to touch pre-Covid levels, despite global uncertainty, amid an increase in demand for models such as the Hyundai Creta, Maruti Suzuki Grand Vitara, Kia Seltos and Mahindra XUV700 from customers in Australia, Latin America and Southeast Asia. According to industry estimates, Indian carmakers are set to ship more than 675,000 … Read more

tesla vs tata motors: EV car race: Will it be a Tesla vs Tata Motors battle on Indian roads?

India’s new policy for electric vehicles, aimed at inviting the likes of Tesla to start manufacturing in India, ensures that the king of Indian EVs and the king of American EVs drive in separate lanes but Tata Motors and Tesla may race against each other in the luxury car segment. Posing competition risk to a … Read more

Nifty: Profit booking could weigh on Nifty

Technical analysts continue to maintain a cautious outlook on Nifty for the truncated trading week ahead. According to analysts, profit-taking may resume until the index decisively reclaims 22,200. Some of the stocks recommended by analysts for short-term trades include Apollo Hospitals, Eicher Motors, Hero Motocorp, Maruti, Bajaj Auto, Sun Pharma, Tata Motors, ABB, Cummins India, … Read more

Investors: Investors bet on a resilient market, with margin funds

Mumbai: Notwithstanding the sharp swings in the stock market in recent weeks, individual investors are not shying away from borrowing and betting on shares, especially mid-caps – some of the worst hit in the recent sell-off. The total quantum of margin funding – a short-term loan to investors for buying shares they cannot afford otherwise … Read more

MG 2.0: JSW sets wheels rolling for JSW MG Motor India to give India another ‘Maruti moment’

JSW Group and Chinese automotive manufacturer SAIC Motor-owned MG Motor India on Thursday kickstarted their joint venture that will produce both electric and internal combustion engine cars to capture a large chunk of Indian market that is primarily dominated by Maruti and Tata Motors. Parth Jindal unveiled the new brand identity for JSW MG Motor … Read more

Tata Motors: Tata Motors opens fifth registered vehicle scrapping facility

Tata Motors on Tuesday said it has commissioned its fifth registered vehicle scrapping facility near the capital. Developed in partnership with Johar Motors, the registered vehicle scrapping facility (RVSF) has a capacity to safely disassemble 18,000 end-of-life vehicles annually, Tata Motors said in a statement. It is adept at scrapping passenger and commercial vehicles of … Read more

stocks to buy: F&O stocks to buy today: Indigo, L&T among top 6 trading ideas for 19 March 2024

The Indian market is likely to consolidate on Tuesday tracking muted global cues. The Nifty future closed flat at 22134 levels on Monday. India VIX was up by 1.50% from 13.69 to 13.90 levels. Volatility has been hovering within a band and creating swings in the market. Positive market setup was seen in stocks like … Read more

Nifty: Breach of 21,900 may trigger further weakness for Nifty

Most technical charts indicate a weak trend for Nifty in the short term. A decisive move below 21,900 could trigger significant weakness, potentially for the next support levels of 21,500-21,400, as suggested by technical analysts. Stocks recommended by them include BEL, JK Cement, ITC, AU Bank, and Kotak Bank, while those with a negative bias … Read more

These 10 Nifty50 stocks saw highest selling by MFs in Feb. Should you follow suit? – Out of Favour

UPL. Share Price 475.15 03:59 PM | 15 Mar 2024 13.05(2.83%) Bharti Airtel. Share Price 1220.00 03:59 PM | 15 Mar 2024 25.41(2.13%) Bajaj Finance. Share Price 6514.35 03:59 PM | 15 Mar 2024 116.91(1.83%) HDFC Life Insurance Company. Share Price 632.35 04:03 PM | 15 Mar 2024 10.11(1.63%) Adani Enterprises. Share Price 3132.20 03:59 … Read more

Tata Motors: Tata Motors to build ₹9,000-crore plant in Tamil Nadu

Tata Motors on Wednesday said it will build a cutting-edge vehicle manufacturing facility in Ranipet, Tamil Nadu, at an investment of ₹9,000 crore. The Tata group company signed a memorandum of understanding (MoU) with the Tamil Nadu government to establish the facility, its second plant in southern India. The unit is expected to generate about … Read more