News for 'M&M'

Investors become poorer by Rs 5.78 lakh cr in two days of market fall

Investors become poorer by Rs 5.78 lakh cr in two days of market fall

Rediff.com16 Dec 2022

Investors' wealth tumbled over Rs 5.78 lakh crore in two days of market fall amid a weak trend in global markets after a host of central banks hiked interest rates and gave hawkish commentary. The 30-share BSE Sensex declined 461.22 points or 0.75 per cent to settle at 61,337.81 on Friday. In the previous trade, the BSE benchmark had tanked 878.88 points or 1.40 per cent to settle at 61,799.03.

Sensex sheds 361 points, Nifty closes below 17K

Sensex sheds 361 points, Nifty closes below 17K

Rediff.com20 Mar 2023

Among Sensex shares, Bajaj Finserv fell the most by 4.08 per cent. Bajaj Finance declined by 3.01 per cent, Tata Steel by 2.2 per cent, Wipro by 2.09 per cent, Tata Motors by 1.96 per cent, IndusInd Bank by 1.9 per cent, SBI by 1.75 per cent, Tech Mahindra by 1.66 per cent and HCL Tech by 1.2 per cent. TCS, Infosys, Power Grid, Maruti, Reliance, HDFC twins, L&T, M&M, NTPC and Ultratech Cement were also among the losers.

Markets fall for 3rd day; Sensex tumbles 568 points

Markets fall for 3rd day; Sensex tumbles 568 points

Rediff.com7 Jun 2022

Benchmark indices declined for the third day running on Tuesday, with the Sensex tumbling 567.98 points amid weak global markets and continuous foreign funds outflow. Investors were risk averse ahead of the RBI's policy decision on Wednesday, traders said. The 30-share BSE Sensex tanked 567.98 points or 1.02 per cent to settle at 55,107.34.

M&M to deliver 1,000 units of new Thar SUV during Diwali

M&M to deliver 1,000 units of new Thar SUV during Diwali

Rediff.com13 Nov 2020

Mahindra & Mahindra (M&M) will deliver 1,000 units of its all-new Thar SUV during Diwali festive period, the company said on Friday. The latest version of the iconic SUV was launched on October 2, in two trims -- AX and LX -- with both petrol and diesel powertrain option, and is priced between Rs 9.8 lakh and Rs 13.75 lakh

10 Stocks To Invest For The Long Term

10 Stocks To Invest For The Long Term

Rediff.com11 Apr 2023

The third-quarter financials didn't excite market watchers. But equity investors can still make money if they invest in the right stocks.

Sensex ends in red; sheds 291 points on profit-booking

Sensex ends in red; sheds 291 points on profit-booking

Rediff.com19 May 2021

Bajaj Finserv was the top loser in the Sensex pack, shedding around 2 per cent, followed by HDFC, M&M, Bharti Airtel, UltraTech Cement and Kotak Bank. NSE Nifty fell 77.95 points to 15,030.15.

Sensex surges 460 pts after RBI keeps rates unchanged

Sensex surges 460 pts after RBI keeps rates unchanged

Rediff.com10 Feb 2022

Tata Steel was the top gainer in the Sensex pack, climbing 2.11 per cent, followed by Infosys, HDFC Bank, HDFC, Kotak Bank, M&M and PowerGrid. NSE Nifty jumped 142.05 points to end at 17,605.85.

Sensex ends 185 points higher; Nifty tops 11,500

Sensex ends 185 points higher; Nifty tops 11,500

Rediff.com2 Sep 2020

M&M was the top gainer in the Sensex pack, rallying around 6 per cent, followed by PowerGrid, Tata Steel, IndusInd Bank, Reliance Industries, HCL Tech, ONGC and Infosys. On the other hand, Bajaj Auto, Asian Paints, Sun Pharma, HDFC and Nestle India were among the laggards.

Markets fall over 1%; Sensex tanks 861 points

Markets fall over 1%; Sensex tanks 861 points

Rediff.com29 Aug 2022

Benchmark indices fell over 1 per cent each on Monday in sync with weak global markets and a sharp fall in IT stocks. The BSE benchmark Sensex tanked 861.25 points or 1.46 per cent to settle at 57,972.62. During the day, it tumbled 1,466.4 points or 2.49 per cent to 57,367.47. Similarly, the NSE Nifty fell 246 points or 1.4 per cent to 17,312.90.

Positive economic data lift Sensex by 397 points

Positive economic data lift Sensex by 397 points

Rediff.com13 Jul 2021

ICICI Bank was the top gainer in the Sensex pack, surging nearly 3 per cent, followed by HDFC, Axis Bank, Sun Pharma, NTPC and M&M. NSE Nifty surged 119.75 points to 15,812.35.

Sensex declines 220 pts on selling in FMCG, steel shares

Sensex declines 220 pts on selling in FMCG, steel shares

Rediff.com7 Feb 2023

ITC, Sun Pharma, Maruti, M&M, Tata Motors, HCL Tech, Wipro, Infosys, HUL, Bharti Airtel and Reliance were among the major losers. Kotak Bank rose the most by 1.59 per cent, followed by IndusInd Bank, Bajaj Finance and Bajaj Finserv. L&T, SBI, TCS and HDFC Bank also closed higher.

Auto sales in fast lane on easing chip shortage blues, festive demand

Auto sales in fast lane on easing chip shortage blues, festive demand

Rediff.com1 Sep 2022

Automakers Maruti Suzuki, Tata Motors, Mahindra & Mahindra and Kia reported robust growth in their vehicle dispatches in the domestic market for August buoyed by festive demand and easing of semiconductor shortage woes. Other manufacturers like Hyundai, Toyota and Skoda also reported growth in wholesales in August as compared with the same month last year. The country's largest automaker Maruti Suzuki India said its domestic passenger vehicle dispatches increased by 30 per cent to 134,166 units in August as compared with 103,187 units in the year-ago month.

Sensex slips 153 points in volatile trade

Sensex slips 153 points in volatile trade

Rediff.com14 Jun 2022

Benchmark indices fell for the third straight day on Tuesday, with the Sensex falling over 153 points amid largely weak global markets as investors remained cautious ahead of the crucial Federal Reserve meeting outcome. Unabated foreign fund outflows also continued to weigh on the domestic equity markets. The 30-share BSE benchmark dropped 153.13 points or 0.29 per cent to settle at 52,693.57.

Sensex, Nifty end marginally lower after choppy trade

Sensex, Nifty end marginally lower after choppy trade

Rediff.com10 Feb 2021

HDFC Bank, Bharti Airtel, Axis Bank, Nestle India, ONGC, L&T and SBI and were among the laggards in the Sensex pack, shedding over 1 per cent. On the other hand, Bajaj Finserv, M&M, Bajaj Finance, Titan and TCS were among the gainers.

Sensex ends down 115 pts; closes FY22 with 18% gains

Sensex ends down 115 pts; closes FY22 with 18% gains

Rediff.com31 Mar 2022

Benchmark BSE Sensex gave up its early gains to settle lower by 115 points on the last day of 2021-22 fiscal on Thursday, dragged down by profit-taking in Reliance Industries, Infosys and HDFC Bank after a three-day rally. The 30-share barometer declined by 115.48 points or 0.20 per cent to settle at 58,568.51 in choppy trade due to the expiry of monthly derivatives contracts. During the day, it touched a high of 58,890.92 and a low of 58,485.79.

Why M&M will halt investment in SsangYong Motor

Why M&M will halt investment in SsangYong Motor

Rediff.com27 Jul 2020

M&M will close down GenZe, an e-scooter business in California, because it is unlikely it would stand on its own feet, and is ahead of its time.

Sensex rallies 661 points on gains in auto, financials

Sensex rallies 661 points on gains in auto, financials

Rediff.com13 Apr 2021

M&M was the top gainer in the Sensex pack, rallying around 8 per cent, followed by Bajaj Finserv, Bajaj Finance, Maruti, Axis Bank, ONGC and HDFC Bank. NSE Nifty surged 194 points to 14,504.80.

Selling in index majors drag Sensex down 471 pts

Selling in index majors drag Sensex down 471 pts

Rediff.com12 May 2021

IndusInd Bank was the top loser in the Sensex pack, shedding over 3 per cent, followed by HUL, ONGC, ICICI Bank, Axis Bank, Kotak Bank, M&M and Tech Mahindra. NSE Nifty tumbled 154.25 points to 14,696.50.

Markets gain for 2nd day; Sensex, Nifty climb nearly 1%

Markets gain for 2nd day; Sensex, Nifty climb nearly 1%

Rediff.com24 Jun 2022

Benchmark equity indices Sensex and Nifty rose by nearly 1 per cent on Friday, extending gains for a second day on the back of buying in banking, financials and energy stocks in line with firm global trends. The 30-share BSE Sensex advanced further by 462.26 points or 0.88 per cent to settle at 52,727.98. During the day, it rallied 644.15 points or 1.23 per cent to 52,909.87. The Nifty gained 142.60 points or 0.92 per cent to settle at 15,699.25.

Sensex in green for 3rd straight day; ends up 257 points

Sensex in green for 3rd straight day; ends up 257 points

Rediff.com7 May 2021

HDFC was the top gainer in the Sensex pack, spurting over 2 per cent, followed by Bajaj Finserv, M&M, NTPC, Bharti Airtel, UltraTech Cement and ONGC. NSE Nifty rose 98.35 points to 14,823.15.

Chip woes dent festive mood for auto firms

Chip woes dent festive mood for auto firms

Rediff.com25 Oct 2021

The first leg of the 35-day festive period, which ended with Dussehra, failed to bring any cheer for auto companies. While makers of passenger vehicles struggled to meet demand due to the persistent shortage of semiconductors, a recovery in demand remained elusive for two-wheeler manufacturers despite offers and schemes. The overall season, which ends two days after Diwali, is unlikely to bring any turnaround in either the supply or the demand scenario, said dealers and officials at auto companies.

Markets zoom nearly 2%; Sensex jumps 1,181 points at close

Markets zoom nearly 2%; Sensex jumps 1,181 points at close

Rediff.com11 Nov 2022

Equity benchmarks Sensex and Nifty on Friday spurted by nearly 2 per cent, propelled by heavy buying in IT, metal and financial stocks amid a rally in global markets after lower-than-expected US inflation data. A strong rupee against the US dollar and unabated foreign capital inflows further bolstered sentiment, traders said. Easing US inflation triggered speculation that the US Federal Reserve might slow down the pace of interest rate hikes.

Sensex plunges 871 points on global cues

Sensex plunges 871 points on global cues

Rediff.com24 Mar 2021

M&M was the top loser in the Sensex pack, shedding around 4 per cent, followed by SBI, ICICI Bank, Axis Bank, IndusInd Bank, ITC and NTPC. NSE Nifty declined 265.35 points to 14,549.40.

M&M now plans an African safari with Scorpio

M&M now plans an African safari with Scorpio

Rediff.com4 Jun 2019

M&M is keen to increase the number of factories in the Africa region and plans are afoot to have one each in Sudan and Kenya.

Tractor sales remain strong in August

Tractor sales remain strong in August

Rediff.com2 Sep 2020

Increase in kharif sowing area, good monsoon, rural cash flows and base effect among factors that have driven volumes.

Investors' wealth falls by Rs 2.39 lakh cr as markets sink

Investors' wealth falls by Rs 2.39 lakh cr as markets sink

Rediff.com29 Aug 2022

Investors' wealth fell by Rs 2.39 lakh crore on Monday in line with a weak trend in the global equity markets. The BSE Sensex tanked 861.25 points or 1.46 per cent to settle at 57,972.62. During the day, it tumbled 1,466.4 points or 2.49 per cent to 57,367.47.

2nd Covid wave spooks investors; Sensex plunges 1,708 points

2nd Covid wave spooks investors; Sensex plunges 1,708 points

Rediff.com12 Apr 2021

IndusInd Bank was the top loser in the Sensex pack, tanking over 8 per cent, followed by Bajaj Finance, SBI, ONGC, Titan, M&M, Bajaj Finserv, ICICI Bank and Axis Bank. NSE Nifty plunged 524.05 points to finish at 14,310.80.

3 major factors that will drive markets this week

3 major factors that will drive markets this week

Rediff.com7 Nov 2021

Global trends, the last batch of Q2 earnings and domestic macroeconomic data will dictate terms in the equity market, which had an extended weekend last week, analysts said. "FIIs' behaviour along with inflation numbers from US and China will remain key factors for this week. After an extended weekend, Indian markets are likely to start a fresh week with a positive note on the global backdrop. "However, there is a risk of selling pressure at higher levels as we are underperforming the global peers where the near-term texture has changed to 'sell on rise' from 'buy on dip'," Santosh Meena, head (research) at Swastika Investmart Ltd, said.

Despite heavy selling in banks, Sensex ends in green

Despite heavy selling in banks, Sensex ends in green

Rediff.com6 Apr 2021

Asian Paints was the top gainer in the Sensex pack, rising 4 per cent, followed by Sun Pharma, HUL, HDFC, Dr Reddy's, Nestle India and M&M. NSE Nifty advanced 45.70 points to 14,683.50.

Sensex reclaims 50,000-level; auto, IT stocks shine

Sensex reclaims 50,000-level; auto, IT stocks shine

Rediff.com2 Mar 2021

On the Sensex chart, M&M, NTPC, Bajaj Auto, Tech Mahindra, TCS and Maruti emerged as top gainers. NSE Nifty climbed 157.55 points to settle at 14,919.10.

Sensex rallies 308 pts; Nifty hits fresh record at 15,436

Sensex rallies 308 pts; Nifty hits fresh record at 15,436

Rediff.com28 May 2021

Reliance Industries was the top gainer in the Sensex pack, soaring nearly 6 per cent, followed by M&M, HDFC twins, Kotak Bank, ITC and Bharti Airtel.

Sensex, Nifty close at new lifetime highs

Sensex, Nifty close at new lifetime highs

Rediff.com6 Sep 2021

HCL Tech was the top gainer in the Sensex pack, rising over 2 per cent, followed by Infosys, Reliance Industries, Tech Mahindra, Bajaj Auto and M&M. On the other hand, IndusInd Bank, Kotak Bank Bank, Power Grid, Sun Pharma and Asian Paints were among the laggards.

Sensex jumps 296 pts to recapture the key 49,500-level

Sensex jumps 296 pts to recapture the key 49,500-level

Rediff.com10 May 2021

L&T was the top gainer in the Sensex pack, rallying over 4 per cent, followed by Dr Reddy's, Sun Pharma, NTPC, IndusInd Bank, PowerGrid, ONGC and M&M. NSE Nifty jumped 119.20 points to 14,942.35.

Sensex at new closing high; Nifty hits 18K

Sensex at new closing high; Nifty hits 18K

Rediff.com11 Oct 2021

Maruti was the top gainer in the Sensex pack, rallying nearly 4 per cent, followed by PowerGrid, ITC, NTPC, SBI, M&M, Kotak Bank and HDFC Bank. On the other hand, TCS was the top loser on the Sensex, shedding over 6 per cent.

Sensex, Nifty end flat in range-bound trade

Sensex, Nifty end flat in range-bound trade

Rediff.com26 Aug 2021

Reliance Industries was the top gainer in the Sensex pack, rising over 1 per cent, followed by M&M, HCL Tech, Axis Bank, ICICI Bank and HUL. On the other hand, Bharti Airtel, Maruti, SBI, PowerGrid, NTPC and Tata Steel were among the laggards.

Sensex plunges 1,115 points; tech, bank stocks bleed

Sensex plunges 1,115 points; tech, bank stocks bleed

Rediff.com24 Sep 2020

IndusInd Bank was the top laggard, tumbling over 7 per cent, followed by Bajaj Finance, M&M, Tech Mahindra, TCS and Tata Steel.

Losses in index heavyweights pull Sensex down 465 points

Losses in index heavyweights pull Sensex down 465 points

Rediff.com4 May 2021

Dr Reddy's was the top loser in the Sensex pack, shedding around 2 per cent, followed by Reliance Industries, Sun Pharma, HDFC twins, Infosys, M&M and PowerGrid. NSE Nifty slumped 137.65 points to 14,496.50.

Markets rebound nearly 1% on gains in auto, IT stocks

Markets rebound nearly 1% on gains in auto, IT stocks

Rediff.com23 Jun 2022

Equity benchmark indices Sensex and Nifty bounced back on Thursday to close higher by nearly 1 per cent on gains in banking, IT and auto shares amid mixed global trends. The 30-share BSE Sensex rose by 443.19 points or 0.86 per cent to settle at 52,265.72. During the day, it rallied 694.26 points or 1.33 per cent to 52,516.79. The NSE Nifty advanced 143.35 points or 0.93 per cent to 15,556.65.

Sensex nosedives 984 points on bank sell-off

Sensex nosedives 984 points on bank sell-off

Rediff.com30 Apr 2021

HDFC twins were the top losers in the Sensex pack, shedding over 4 per cent, followed by ICICI Bank, Kotak Bank, Asian Paints, M&M, HUL, TCS and Maruti. NSE Nifty tanked 263.80 points to 14,631.10.

GM, Ford switch off India ops but unable to exit

GM, Ford switch off India ops but unable to exit

Rediff.com25 Jan 2023

Both are finding it difficult to sell one each of their plants -- Chennai Maraimalai Nagar (Ford) and Talegaon near Pune (GM) -- and are finding the road blocked by employee severance snarl-ups, report Sohini Das and Shine Jacob.