Mercedes Benz E-Class Cabriolet is certainly a head turner.
The 30-share Sensex ended down 208 points at 28,261 and the 50-share Nifty closed 64 points lower at 8,571.
The auto sector has been among the worse-hit in terms of sales in the past two years.
All sectoral indices, led by realty, PSU, oil & gas and banking, were in positive zone with gains of up to 1.25 per cent.
Fear factors weights on markets, Sensex, Nifty struggle to keep pace.
Some investors warned of a coming British or even global recession as sterling collapsed to hit its lowest since 1985.
Global expansion to drive the company's fortunes
Asian markets were trading mixed with shares in China witnessing profit taking after sharp gains in the previous session.
Experts attribute the high valuation of Indian auto makers to the faster growth in India compared to the rest of the world.
From a Rs 9-lakh Maruti to a Rs 2 crore-Nissan, Indian auto industry packs quite a surprise for car buyers
Top gainers from the Sensex pack are ONGC, HDFC, HUL, RIL and Cipla.
The list of corporations publishing biographies has lengthened steadily as companies have realised the effectiveness of story telling as a brand building tool. Kanika Datta investigates the rising trend.
Markets closed the day in green on favourable domestic factors,
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Many say Tata Motors has perhaps paid the price for being too ambitious.
Investors booked profit ahead of the outcome of the two-day US Fed policy meet which begins today.
The 30-share Sensex ended down 245 points at 28,799 and the 50-share Nifty closed down 81 points at 8,750
The $100 billion Tata group conglomerate is a major beneficiary of the decision to open up aviation in India.
Sahara India needs to pay back $5.3 billion, raised from millions of small investors through the sale of bonds ruled by the Supreme Court to be illegal, before founder Subrata Roy can be released.
Lt Gen Bakshi announced 'full support' to the new chief and made it clear that he won't resign.
At 11:37 am, the S&P BSE Sensex was up 28 points at 27,037 and the Nifty50 was up 2 points at 8,268
The 30-share Sensex and the 50-share Nifty ended flat at the mark of 29,008 and 8,767 respectively.
The broader markets are outperforming the benchmark indices.
In the past four months, launches of luxury and super luxury cars have sped ahead of non-luxury ones.
In one of the biggest deals in the outsourced product development (OPD) market, audio and infotainment systems maker Harman International Industries will buy Indian-born serial entrepreneur Romesh Wadhwani's Symphony Teleca for $780 million (about Rs 4,800 crore at Friday's exchange rate of 61.4).
Sensex ends lower; govt schemes in focus.
Nano remains a cautionary tale of misplaced ambitions and a drag on profit.
Sensex seems to be under pressure on weak cues.
Motherson Sumi, Tata Steel, Jaguar Land Rover will face higher cost.
Sensex may remain under pressure this week due to weak global factors.
Seeking to strengthen Indo-UK economic ties, Prime Minister Narendra Modi on Thursday arrived in Britain on his first visit to the country during which he will have a hectic schedule that will start with talks with his British counterpart David Cameron.
India and the United Kingdom are set to sign a "package of deliverables" during Prime Minister Narendra Modi's first visit here that will also see discussions over cooperation in sectors like nuclear energy and defence.
Some leading Indian companies are likely to see their earnings declining if the Indian currency depreciates further, analysts and finance heads say.
23 Nifty companies reported an annual decline in net profit.
India Inc is ready to diversify into unchartered areas.
Leverage ratio falls to under 1; but group heavily dependent on TCS & Tata Motors.
There is considerable discomfort within the defence ministry about the Rafale deal.
Secretary of State for Foreign Affairs William Hague and Chancellor of the Exchequer George Osbourne, heading the largest business and ministerial delegation ever, arrived in Mumbai, their first port of call, during a two-day visit to the country.
Here are highlights of the 68th Republic Day parade.
