The Indian equities ended on robust note on Thursday, led by gains in index heavyweights such as ICICI Bank, Tata Steel, SBI, Hero MotoCorp, Maruti Suzuki, HDFC, Tata Motors, GAIL, ONGC and RIL, tracking firm cues from Asian peers after US Federal Reserve kept key short-term interest rate steady. Sustained inflows from foreign investors and across-the-board buying by the investors also helped market sentiments.
The 30-share BSE SENSEX closed at 28773.13, up by 265.71 points or by 0.93 per cent, and the NSE Nifty ended at 8867.45, up by 90.3 points or by 1.03 per cent.
In the bullish trade, the BSE Sensex touched intraday high of 28871.92 and intraday low of 28693.07 , while the NSE Nifty touched intraday high of 8893.35 and intraday low of 8837.8.
The top gainers of the BSE Sensex pack were State Bank of India (Rs. 257.35,+2.39%), Hero MotoCorp Ltd. (Rs. 3538.60,+2.27%), ICICI Bank Ltd. (Rs. 275.55,+2.19%), Adani Ports & Special Economic Zone Ltd. (Rs. 275.20,+2.06%), Asian Paints Ltd. (Rs. 1192.35,+1.97%), among others.
On the flip side Tata Consultancy Services Ltd. (Rs. 2377.65,-1.49%), Lupin Ltd. (Rs. 1528.30,-1.17%), Axis Bank Ltd. (Rs. 591.95,-1.01%), Coal India Ltd. (Rs. 327.70,-0.77%), Dr. Reddy’s Laboratories Ltd. (Rs. 3138.20,-0.45%), were among top losers on the BSE.
On the sectoral front, oil&gas and bankex stocks emerged as top gainers, adding as much as 1.51 per cent and 1.49 per cent respectively.
The Market breadth, indicating the overall strength of the market, was strong. On BSE out of total shares traded 3146, shares advanced were 1794 while 1106 shares declined and 246 were unchanged.
Tag: Tata Motors
The key domestic benchmark indices were trading in a positive terrain in the morning trading session as robust domestic and foreign demand boosted manufacturing activity to a 13-month high in August as the Manufacturing PMI rose to 52.6 from 51.8 in July.
The investors may resort to a watchful approach later in the day ahead of the much anticipated US jobs data for August to be released today which may offer further cues over the timing of the US Federal Reserve’s next interest rate hike.
At 10:20 AM, the Bombay Stock Exchange bellwether Sensex was at 28470.46 up by 46.98 points or by 0.17 per cent, while the NSE Nifty was at 8777.85 points, trading higher by 3.2 points or by 0.04 per cent.
The BSE Sensex touched an intraday high of 28525.87 and an intraday low of 28428.35 while the NSE Nifty touched an intraday high of 8798.45 and an intraday low of 8770.1
The top gainers of the BSE Sensex pack were Adani Ports & Special Economic Zone Ltd. (Rs. 268.35,+3.63 per cent), Tata Motors Ltd. (Rs. 554.25,+1.95 per cent), Maruti Suzuki India Ltd. (Rs. 5144.65,+1.71 per cent), Asian Paints Ltd. (Rs. 1169.50,+1.22 per cent), Lupin Ltd. (Rs. 1517.95,+1.09 per cent), among others.
Meanwhile, Coal India Ltd. (Rs. 332.40,-1.67 per cent), Bajaj Auto Ltd. (Rs. 2950.50,-1.54 per cent), Reliance Industries Ltd. (Rs. 1016.25,-1.25 per cent), GAIL (India) Ltd. (Rs. 389.00,-0.77 per cent), Mahindra & Mahindra Ltd. (Rs. 1442.30,-0.66 per cent), were among the top losers on BSE.
The Market breadth, indicating the overall strength of the market, was strong. On BSE out of total 2052 shares traded, 1213 shares advanced, 745 shares declined while 94 were unchanged.
On the global front, Asian stocks were trading marginally higher today as risk aversion ruled sentiment ahead of the US jobs data which may determine whether the world’s top central bank moves to tighten interest rates as early as this month. US stocks ended lower in the previous trading session amid caution ahead of Friday’s payrolls numbers while a renewed contraction in US manufacturing clouded the country’s economic outlook.
The key domestic benchmark indices were trading higher in the morning trading session tracking mixed cues from markets across Asia.
All eyes will be on the Q1 GDP data set for release today which may show that growth in the Indian economy may have slowed to 7.6 per cent in the June 2016 quarter from 7.9 per cent in Q4 FY 2015-16.
At 10:20 AM, the Bombay Stock Exchange bellwether Sensex was at 28424.62 up by 81.61 points or by 0.29 per cent, while the NSE Nifty was at 8779.90 points, trading higher by 35.55 points or by 0.40 per cent.
The BSE Sensex touched an intraday high of 28490.21 and an intraday low of 28363.1 The NSE Nifty touched an intraday high of 8801.5 and an intraday low of 8754.05
The top gainers of the BSE Sensex pack were Tata Motors Ltd. (Rs. 540.60,+2.33 per cent), Hero MotoCorp Ltd. (Rs. 3534.05,+1.75 per cent), Asian Paints Ltd. (Rs. 1160.00,+1.15 per cent), Cipla Ltd. (Rs. 581.55,+0.86 per cent), Bajaj Auto Ltd. (Rs. 3005.25,+0.77 per cent), among others.
Meanwhile, NTPC Ltd. (Rs. 160.10,-1.05 per cent), Oil And Natural Gas Corporation Ltd. (Rs. 239.85,-0.77 per cent), Tata Consultancy Services Ltd. (Rs. 2530.25,-0.72 per cent), Infosys Ltd. (Rs. 1035.75,-0.50 per cent), Bharti Airtel Ltd. (Rs. 330.80,-0.39 per cent), were among the top losers on BSE.
The Market breadth, indicating the overall strength of the market, was strong. On BSE out of total 2108 shares traded, 1187 shares advanced, 778 shares declined while 143 were unchanged.
On the global front, Asian stocks were trading mixed today as traders weighed speculation of a rise in US interest rates this year as robust consumer confidence data bolstered the case for monetary tightening in the world’s biggest economy. US stocks ended lower in the previous trading session amid a sell-off in Apple and amidst caution ahead of Friday’s jobs report.
Meanwhile, the broader benchmark BSE Sensex was trading at 26,647.91, down 77.69 points, or 0.29 per cent at 11.20 hours.
The Tata Motors Group’s cumulative wholesales for this 2016-17 were at 10, 66,254 numbers, up by 8 per cent over the last fiscal.
Meanwhile, the global wholesales of all Tata Motors’ commercial vehicles and its Tata Daewoo range in March 2016 were 45,235 numbers, increased by 18 per cent, compared to what it had reported in March last year i.e. 2015. Tata Motors’ cumulative commercial vehicles wholesales for this fiscal were higher by 4 per cent, over the last fiscal i.e. 2015-16, at 391,629 numbers.
Tata Motors’ worldwide wholesales of all passenger automobiles in March 2016 were at 73,515 numbers, higher by 8 per cent, compared to what it had reported in the month of March last year. The company’s cumulative passenger vehicles wholesale for this fiscal is at 674,625 numbers. It was higher by 11 per cent, over the last fiscal.
Tata Motors’ global wholesales for the Jaguar Land Rover were 64,579 vehicles. It includes CJLR, a JV between JLR and Chery Automobiles, wholesales of 6,388 units. Wholesales for Jaguar in the month of March were 13,370 automobiles and collective wholesales were 1,02,106 automobiles, while Land Rover wholesales for the month were 51,209 automobiles and cumulative wholesales were 4,41,979 automobiles. Tata Motors said that its cumulative wholesales for Jaguar Land Rover for the fiscal were 544,085 automobiles.
Tata Motors had consolidated revenues of Rs 2,62,796 crores in 2014-15. Through subsidiaries and secondary companies, Tata Motors has setups in the UK, South Korea, Thailand, South Africa and Indonesia.
Meanwhile, Tata Motors’ share price was at Rs 382.65, up 3.02 per cent on the National Stock Exchange at 14:10 hours.