The NSE Nifty too soared by 118 points to close at 3641.
At Rs 72,625 (single disc) and Rs 75,725 (rear disc) (ex-showroom, Delhi), the Hero Xtreme Sports does not package itself as a value for money proposition. What the bike really needs is some weight reduction and a new design.
The Sensex once again opened with a positive gap at 10,169 - up 45 points from its previous close
The Sensex opened with a positive gap of 24 points at 8,333, which turned out to be the low for the day.
Sensex opened weak and is now down 5 points at 7811. Nifty is down 9 points at 2372.
The Sensex finally closed with a loss of 49 points at 5,463. The Nifty lost 17 points to close at 1,700.
The Sensex opened nine points higher at 5,438. It is now up 25 points at 5,454 on steady buying in almost all the sectors.
The Sensex opened 13 points higher at 5,410, and soon climbed to touch an intra-day high of 5,418. However, profit-taking at higher levels pushed the index into negative zone to a low of 5,376.
The Livo is one stylish looking motorcycle that's a blend of swooping lines and sharp flourishes. The designers have done a brilliant job here to make sure that the Livo matches up to its heritage. In-fact, at first glance, one would easily be led to think that the Livo belongs to the 125cc segment instead of the 110cc.
The Sensex opened on a flat note at 4,802. It is now down 22 points at 4,780.
Automobile (auto) retail sales in India grew by an impressive 14 per cent in July compared to the same period last year, driven by a surge in the rural economy, good product availability, and product launches. While passenger vehicles (PVs) saw a 10 per cent increase during this period, inventory levels have surged to a historic high of 67-72 days in PVs, equating to Rs 73,000 crore worth of stock, according to the Federation of Automobile Dealers Associations (Fada). This poses a risk to dealer sustainability. Inventory levels in July 2023 were only 50-55 days, equating to a stock worth Rs 49,833 crore. In June 2024, inventory was between 62 and 67 days, with a stock value of Rs 60,000 crore.
The lumbering Ambassador and Fiat cars, it ruled the Indian roads throughout the 1970s, while the Rajdoot and Jawa as well as the old Royal Enfield motorcycles trailed far behind.
The Sensex after moving in a range of 10,556 to 10,690, finally ended with a loss of 31 points at 10,595.
Sensex ends at an all time high of 10,565
The updated Hero Xtreme packs in a lot of goodies which amplifies its value for money quotient even further, says Faisal Ali Khan of MotorBeam.com
The Sensex closed with a gain of 111 points (1.4%) at 8,318.
Strong buying in auto, select heavyweight and other old economy stocks saw the Sensex close with a gain of 48 points at 6,451. The Nifty added 16 points to 2,043.
Now, you can own a two-wheeler for Rs 18.5 per day
Hero today sells its products in 19 countries across Asia, South and Central America and Africa.
Sales for Hero's all-new Maestro Edge scooter will commence from October while the Duet will be launched in the following weeks positioned below the flagship Edge, says Indian automobile website MotorBeam.
While two-wheeler sales declined 22 per cent, two other segments, bigger in value while being lower in volume, were much less impacted.
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At Rs 53,900, the Hero Splendor Pro Classic is the cheapest cafe racer motorcycle in the world, says Faisal Ali Khan of MotorBeam. The other locally manufactured cafe racer styled motorcycle is the Royal Enfield Continental GT.
All iconic and very rare to find now, they are still high in demand among the youth
At Rs 80,000 (on-road,Pune), the bike is priced slightly lower than its carbureted competitors like the Pulsar AS150 and Suzuki Gixxer. But when it comes to styling, overall refinement and dynamics, the Xtreme Sports has a lot of catching up to do, says Narendra Sharma
Media tycoon Kalanithi Maran and his wife Kavery Kalanithi have retained the top two slots among the highly paid executives in the country.
Arun Mohan Nadar was impressed with this indigenously developed bike
Hero MotoCorp, Honda Motorcycles, Scooters India, TVS, Honda India, Toyota Kirloskar Motor, Ford, Nissan, Ashok Leyland are all giving the Auto Expo a miss this time.
The Hero Glamour might be a hot seller but it isn't as impressive as its popularity suggests. The bike doesn't have as much performance as you would expect from a 125cc motorcycle, says Faisal Ali Khan.
Passenger vehicle wholesales in India rose to a record high in October as companies pushed dispatches to dealers to cater to the enhanced demand in the festive season. The overall passenger vehicle wholesales in October rose to 391,472 units, up 16 per cent from 336,679 units in the same month last year. Last month witnessed the highest-ever dispatches of passenger vehicles in the domestic market by Maruti Suzuki India and Mahindra & Mahindra.
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The Hero Splendor Pro Classic is the cheapest way to turn heads on a motorcycle, says Faisal Ali Khan
The biggest two-wheeler market in the world is -- of course -- India. Guess who are the gainers? Yamaha and Honda.
Easygoing and affable, he was the quintessential relationships man.
The strike, however, had no impact on production of auto majors Maruti Suzuki India, Hero MotoCorp, Honda Cars India, Mahindra & Mahindra, Tata Motors and Hyundai Motors India as their plants in various parts of the country functioned normally.
This year's edition, three years lost to the pandemic and scheduling, wore a distinctive shade of green, and, as would befit an era of technology shift from internal combustion engines to electric motors, had a clutch of high-technology exhibits and concepts. But the excitement of the expo's heyday was missing.
Automobile retail sales in India rose 11 per cent in September as better supplies from manufacturers enabled dealers to ramp up customer deliveries amid the ongoing festive period, Federation Of Automobile Dealers Associations said on Tuesday. Last month, total retail sales stood at 14,64,001 units as compared to 13,19,647 units in September 2021. FADA noted that October is expected to witness even better overall sales due to the festive season further gathering steam.
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