Chinese automakers Great Wall Motors, FAW Haima Automobile, and Changan Automobile, after dithering about entering India for some years, have been encouraged by the robust sales performance of the late entrants Kia Motors and MG Motors even in a slowing market.
Despite superior margins, JLR hasn't had a smooth ride in China.
Besides financials, shares of telecom, IT, auto and pharma were in demand.
It claims to be ahead of its competitors in the segment.
In the Sensex pack, other gainers were Bajaj Finance, Bharti Airtel, Tata Motors, Hero MotoCorp, HUL, Asian Paints, HDFC duo and ONGC -- gaining as much as 2.87 per cent.
On the Sensex chart, Vedanta was the biggest loser with 4.66 per cent decline. Other major laggards were were Tata Steel, IndusInd Bank, HDFC Bank, Kotak Bank, Axis Bank, HUL and Bharti Airtel, losing up to 3.36 per cent.
At present, there are many vehicles that weigh close to the proposed increased weight of 600 kg.
Jhunjhunwala holds a stake in more than 30 listed firms.
Auto stocks will be in focus
The dealers operating in the space have jumped nearly three times over the past two years.
In the Sensex pack, Yes bank emerged as the biggest loser, falling 9.13 per cent, followed by IndusInd Bank (6.6 per cent), HeroMotoCorp (6.01 per cent), Sun Pharma (4.79 per cent) and SBI (4.70 per cent).
In first half of year, firms raise more than banks on low US treasury rates.
Analysts have predicted a 23 per cent volume growth for the auto segment between FY22 and FY25, riding on the company's differentiated EV and SUV plan. M&M is already a market leader with a 36 per cent share in electric three-wheelers, and its Zaheerabad plant in Telangana is ready to cater to demand. In the farm segment, the company plans to focus on niche electric products.
Global markets trends, inflation, release of industrial output data and quarterly earnings will dictate movement of the equity benchmarks this week, analysts said, adding that volatility might continue amid slew of announcements of macroeconomic data at the global level too. Moreover, foreign fund movement, crude oil prices and trend in rupee would also act as major drivers for the equity market, they added. "The direction of global equity markets along with movement in dollar index and crude oil prices will continue to dominate while inflation numbers of the USA on May 11 and inflation and IIP numbers of India on May 12 will also cause volatility in the market," said Santosh Meena, head of research, Swastika Investmart Ltd.
Besides being budget-oriented these cars also offer fantastic performance and mileage.
Maruti sold 191 units of SX4 sedan in January 2014.
Tata Steel, others sell assets abroad after taking massive impairments.
Investors are keenly awaiting the announcement of the macroeconomic data-IIP and CPI due on Tuesday.
Experts attribute the high valuation of Indian auto makers to the faster growth in India compared to the rest of the world.
The NSE 50-share Nifty also spurted by 98.10 points, or 0.97 per cent, to end at 10,211.80
These companies had threatened to leave Maharashtra and invest in other states when the state government had brought amendments to the Maharashtra VAT Act with effect from April 1, 2011, and made net sales the basis for VAT set-off claims.
Automobile companies are worried about challenges from electric mobility, automation and connected vehicles.
However, notable absentees from the expo will be Honda, Toyota, Ford, BMW, Audi, Lexus, Volvo and Jaguar Land Rover along with two-wheeler majors Hero MotoCorp, Bajaj Auto and TVS Motor Co.
Top gainers include Yes Bank, HUL, Vedanta, NTPC, Bharti Airtel, Adani Ports, PowerGrid and Tata Motors, rising up to 5 per cent.
The ban does not speak about used luxury cars.
Tech major's shareholders will receive total dividend of Rs 15,474 crore in FY15
Dr Anahita had only worn the shoulder harness from the back and had not adjusted the lap belt, police said.
Top gainers in the Sensex pack included IndusInd Bank, ITC, L&T, M&M, PowerGrid, Asian Paints and SBI, ending up to 3.79 per cent higher.
Markets ended in red, index heavyweights drag.
Sachin Tendulkar, Virat Kohli, Katrina Kaif, Ranbir Kapoor and Alia Bhat all turned up at the 13th edition of the gala car fair.
'Cyrus was always very different. He would think before acting.'
Hailing Prime Minister Narendra Modi and the Bharatiya Janata Party government, top industry captains pledged mega investments at the Vibrant Gujarat Global Summit
Firms generated free cash flows in 2013-14, for the first time since the 2008 Lehman crisis
Maruti Suzuki is offering cash discounts ranging from Rs 5,000 on its hatchback Celerio to Rs 35,000 on entry level Alto800.
The police in Palghar district of Maharashtra, who are investigating the Mistry car accident case, have found this during their investigation.
More capital flows will lead to greater trade flows between the two countries.
Top gainers in the Sensex pack included Yes Bank, TechM, Bajaj Finance, Bharti Airtel, Maruti, Asian Paints and Hero MotoCorp - rising up to 5.30 per cent. The 50-share Nifty ended 85.65 points, or 0.79 per cent, higher at 10,948.25 points.
German car maker Volkswagen was the first company to offer airbags on all its variants in India from the beginning of this year.
During the investigation, witnesses were questioned and reports were obtained from the Regional Transport Office and Mercedes Benz India Pune, said a police release.
Sustained foreign fund inflows and strengthening rupee are among the main reasons behind the market rally.
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