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Oct 9, 2018

Tata Motors hits 7-year low, loses Rs 8,200 crore in market cap as lower China demand dents JLR September sales

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TATA MOTORS share price corrected sharply on Tuesday, hitting nearly 7-year low on consistently weak performance from its luxury car brand Jaguar Land Rover. The stock fell below Rs 200 levels at Rs 170.65, the lowest level since December 19, 2011, falling 19.78 percent intraday. It...
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Oct 8, 2018

Sensex, Nifty trade rangebound amid rising crude prices; metal names rally

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It’s a good start on the market on Monday, with the Nifty opening above 10,350, while the Sensex is up around 100 points.  Among sectors, pharma and energy names are gaining the most, while financials are trading in the green as well. There are cuts visible in the automobile segment, with...
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Choppy day of trade on D-Street as Sensex falls over 200 points; Nifty below 10,250

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Benchmark indices are trading higher in the late afternoon trade with Nifty above 10,350 level. The Sensex is up 183.63 points at 34,560.62, while Nifty is up 61 points at 10, 377.50. About 974 shares have advanced, 1243 shares declined, and 1071 shares are unchanged.  Energy, banks, auto...
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Oct 6, 2018

Buckle up! Stay light as Nifty50 could retest 9,800-10,000 levels in medium term

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The momentum-based oscillators are in ‘sell’ on near and on medium-term basis. Given the sharp fall over the past few weeks, the market is expected to remain weak on a medium-term basis, Arun Kumar, Market Strategist, Reliance Securities, said in an interview to Moneycontrol’s...
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