If the drop in sales over the past two years is anything to go by, India's dream of putting seven million electric vehicles on road by the end of this decade has come a cropper.
The Nifty finished the day at 10,265.65, a hefty gain of 98.95 points, or 0.97 per cent, after shuttling between 10,270.85 and 10,195.25.
The wider Nifty hit a low of 10,033.35 before finishing at 10,044.10, down 74.15 points or 0.73 per cent.
The BSE Midcap and Smallcap indices underperformed the largecaps and ended over 1% lower.
'Defence funding is channelled to State-owned research organisations where scientists are merely bureaucrats holding meetings and sending out minutes of meetings and press releases, but have long ago stopped any innovative work.' 'Unless this tragedy is fixed, India's chances to create world-conquering and job-creating new industries are slim,' says Ajit Balakrishnan.
Tata Motors, ONGC, HDFC and TCS were the top gainers.
The Yamaha R3 is not a completely track focused machine, like the R15. Seating of the bike is much comfortable and you can use it for your routine commuting as well and that is why it has been tagged as a daily superbike.
Sun Pharma was the top gainer after SPARC received Sebi nod to raise up to Rs.250 crore through a rights issue
In the Sensex pack, M&M was the biggest loser, tumbling by 6.66 per cent, followed by TCS dropping 4.14 per cent.
India's GDP for the three-month period ended September 30 grew 7.4%.
The 30-share Sensex gained 271 points to end at 28,805 and the 50-share Nifty ended up 84 points at 8,712.
The S&P BSE Sensex ended the day at 28,226, up 85 points, while the Nifty50 settled at 8,734, up 18 points.
S&P BSE Midcap shed 0.8% while S&P BSE Smallcap tumbled 0.6%
Coal India fell the most by 2.58 per cent among Sensex scrips, dragging the index into the negative zone.
The Pulsar 200 SS has been eagerly awaited and is bound to be a massive success among bike enthusiasts, says Faisal Ali Khan
Yes Bank was the top gainer in the Sensex pack, surging 3.76 per cent, followed by SBI at 3.18 per cent.
The broader NSE Nifty dipped below the 10,200-mark to hit a low of 10,180.25 before ending at 10,195.15, down by 165 points, or 1.59 per cent.
Sustained FII inflows and fresh spell of buying by domestic institutional investors fuelled the rally
Gains were led by Tata Motors amid robust sales in June along with select financials.
Dealer despatches will probably be a good signal of economic turnaround or further deterioration, says Devangshu Datta.
These sectors are seeing a marked slowdown, as consumers are postponing purchase decisions amid uncertainty and severe cash crunch, report Ram Prasad Sahu, Sheetal Agarwal & Ujjval Jauhari from Mumbai.
Nifty saw the biggest weekly gain since the first week of September and comfortably maintained its crucial 8250 levels in today's session
The broader markets, however, outperformed their larger peers.
Investors booked profits in recent gainers
Banks led the decline with Nifty Bank and BSE Bank index dropping over 3% each.
The 50-share NSE Nifty ended at 9,143.80, up 43 points, or 0.47 per cent, after moving between 9,153.15 and 9,109.10.
The 50-share NSE Nifty too closed down 168.30 points, or 1.58 per cent, at 10,498.25 -- a level last seen on January 3 when it closed at 10,443.20.
This is its biggest single session fall since August 24, 2015, when it had lost 1,624.51 points.
The market breadth, indicating the overall health of the market was strong
Sun Pharma was the biggest gainer in the Sensex pack, advancing 1.79 per cent.
The NSE Nifty cracked below the 10,800-mark to hit a low of 10,753.05 intra-day, before closing at 10,762.45 with a loss of 59.40 points, or 0.55 per cent.
The broader NSE Nifty index too finished lower by 4.80 points, or 0.05 per cent, at 10,632.20.
The NSE Nifty, which dipped below the key 10,800-mark to touch a low of 10,755.40, bounced back on late buying to close at 10,817.70, up 9.65 points, or 0.09 per cent.
Markets end almost flat, bluechips in focus.
Combined net profit estimated to grow 14.6% year-on-year, against a 5.7% decline in the Dec 2015 quarter
Auto sector cheers RBI rate cut as 'festival gift'
The session was marked by volatility and stock-specific action, even as the overall sentiment remains risk-averse, brokers said.
The Moto Guzzi V9 Bobber, priced at Rs 14 lakh, the V9 Bobber is an expensive proposition but don't discount it yet. BikeDekho reviews the latest Italian bike from one of the oldest surviving motorcycle brands in the world.
Money managers have turned cautious about the technology space.
Both the indices ended at their highest levels since February 1.
