Markets end lower with auto, IT stocks under pressure
The benchmark indices ended lower on Friday, with auto and Information Technology stocks remaining under pressure amid concern over the upcoming US tariffs.
The benchmark indices ended lower on Friday, with auto and Information Technology stocks remaining under pressure amid concern over the upcoming US tariffs.
Market opened flat and traded in range. Nifty failed to cross 25,000 amid selling seen in the auto, bank, realty stocks.
Indian Benchmark indices opened in negative territory as the Union budget proved to be a non-event to the market participants.
This newly launched XUV700 has created a great hype in the market, with more than 50,000 bookings in the first two days alone.
The Delhi Government set up a Committee for fare revision of auto rickshaws and taxis in the national capital on Wednesday.
The company has to invest Rs 250 crore for existing auto manufacturing companies, and Rs 500 crore for the new manufacturers.
At Niti Aayog, we are taking all measures to boost innovation, efficiency and investments in the automobile sector
The Automotive Component Manufacturers Association of India (ACMA) has sought a uniform GST of 18 per cent for the entire sector in order to revive the vertical which has now witnessed 10 months of continuous decline in sales.
The Sensex closed 16.67 points lower at 37,830.98 from its Wednesday's close of 37,847.65, while the Nifty fell by 19.15 points to 11,252.15.
The institute includes an initial team of strategic thinkers, researchers, academics, and policy specialists.