Sensex dives 746 pts after RBI maintains status quo; rate sensitive stocks fall
The rate-sensitive stocks witnessed choppy trade after the RBI policy announcement, with auto realty, and bankex indices sliding up to 1%.
auto stocks
February 2024
January 2024
May 2023
December 2022
February 2022
Tata Motors, Maruti Suzuki, Eicher Motors, Ashok Leyland shares decline after Dec sales
In December, the domestic passenger vehicle sales crossed the 4 million units mark led by robust sports utility vehicle (SUV) sales
Hero MotoCorp, Tata Motors fall up to 3% post April sales; Maruti, Bajaj, TVS rise
Hero MotoCorp was the top laggard on the BSE auto index, falling as much as 3.3% to ₹2,470.60 on weak monthly sales in April.
Rate sensitive stocks fall up to 3% after RBI raises rates by 35 bps
The stock markets slipped in red after the RBI announced rate hike, led by interest rate sensitive realty stocks.
Auto stocks decline despite robust sales in festival season
While the share price of Tata Motors, Mahindra & Mahindra, and Maruti Suzuki dropped up to 3%, the nifty auto index plunged 1.09% at 13,048 points.
Budget 2022: Tata Motors, Maruti, MRF stocks tank as FM skips major relief
FM Nirmala Sithraman announced a slew of measures for the automotive sector including a new battery swapping policy and a focus on electric vehicles for public transport.
