'After multiple days of losses, any relief rally is welcome. However, the trend hasn't changed.'
Reflecting the woes of the Indian automobile industry, the country's car exports remained flat at 550,466 units in 2013-14, during which domestic sales fell for the second consecutive year.
This is the first decline since June this year when car sales declined by 11%.
A series of flip-flop on policies and a non-existent charging infrastructure are the biggest challenge in achieving the target of selling 6-7 million hybrid and electric vehicles by 2020.
The auto industry has had a mixed month. The build up to Dhanteras and Diwali was good but the demand tapered off subsequently.
Now, you can own a two-wheeler for Rs 18.5 per day
The increase in PV sales in September was driven by festive season purchases, with SUV models like Maruti Suzuki's Brezza, Hyundai Creta, Mahindra Scorpio, Ford Ecosport and Honda W-RV witnessing good traction
Broader markets underperformed indices with BSE Midcap down 0.43% while the Smallcap index fell 0.07%.
Market breadth turned negative with 1,779 declines over 884 advances on the BSE
Rajesh Karkera and Hitesh Harisinghani spotted these beauties at the Auto Expo 2018
Maruti Suzuki, Hyundai, Mahindra and Toyota reported low single-digit sales growth for the month owing to weak market sentiment
Even as domestic passenger car sales declined 29.4 per cent between April and August this year, exports grew 6.5 per cent, partially cushioning the blow from slowing sales.
IT sector replaces auto sector after a 6-month gap.
Premiumisation, improving demand aid realisation growth at most large firms
For India Inc, latest GDP figures signal a turnaround.
The 50-issue NSE Nifty too cracked the 10,200-mark and hit a low of 10,108.55 before finishing 104.75 points, or 1.02 per cent down at 10,121.80.
Maruti Suzuki, Tata Motors and Hyundai stand to gain the maximum, given their large portfolio of products in the sub-4 meter segment.
The S&P BSE Sensex shed 119 points to close at 27,977 and the Nifty50 dropped 45 points to finish at 8,591.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The S&P BSE Sensex ended up 129 points at 26,843 and the Nifty50 ended up 39 points at 8,220.
Sensex under pressure as Yellen signals rate hike; banking stock slip.
In the broader market, BSE Midcap and BSE Smallcap indices mirrored the gains in headline indices and rose 1% and 0.9% respectively.
Production at every automotive facility, offices of information technology firms and retail establishments in the state remained shut on Tuesday as a mark of respect to the late chief minister.
Maruti's sales of the compact segment comprising Swift, Estilo, Ritz, Dzire and Baleno went up by 9.9% to 45,579 units
Barely a month after breaking covers, the models -- the Jawa, the Jawa 42 and the Perak -- were sold out, reports Shally Seth Mohile.
How does Honda CB Unicorn 160 fare against its rivals? MotorOctane.com weighs in.
In first 9 months of FY18, scooter sales grew by 18.5%, the number may jump further as more women join workforce
Select companies in infra, capital goods, private banks, auto, oil & gas, and mining could be considered by investors.
The list includes Gautam Adani's brother Vinod Adani among others.
With global markets pushing ahead, enthused by strengthening US jobs market, and also due to prospects of European rate hike, Indian markets also continued the march ahead.
Maruti will showcase its first concept electric vehicle, the e-SURVIVOR; M&M it's six new EVs, including two futuristic concepts
With inflation down, the government's twin deficits are largely under control.
New launches as well as upgrades to existing scooter models marked this year as manufacturers competed with each other to satiate the demand for new and interesting automatic scooters.
These five vehicles are the most popular two-wheelers launched till date in 2016. However, 2016 is still on and we are expecting lot more exciting vehicle launches around the festive season.
The 150cc bike segment in the country is witnessing commendable growth every passing day.
Major global indices like CAC 40, DAX Shanghai Composite, Hang Seng, Nikkei, Straits Times, Sensex, Nifty have lost 1% - 10% in a week
For a change, glamour goes rural as exhibitors glam up their products meant for India's villages.
A leak of 11.5 million tax documents has revealed how the rich and powerful use tax havens to hide their wealth.
Demand for passenger vehicles has been driven by new models, especially in the SUV category with the likes of Maruti Vitara Brezza and Hyundai Creta clocking good numbers
These bikes are a good mixture of style, mileage, performance and affordability, says Rajesh Alva.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances