Tata Motors, M&M, Ashok Leyland, Bharat Forge lead auto stock rally after GST cut; Nifty Auto index surges 1.5%

Tata Motors, M&M, Ashok Leyland, Bharat Forge lead auto stock rally after GST cut; Nifty Auto index surges 1.5%

Auto stocks rally today: Auto stocks soared on September 8 after several leading automakers announced substantial price cuts, following the GST Council’s decision to reduce taxes on a range of vehicles. The move sparked investor optimism and sent the Nifty Auto index climbing over 1.5 per cent in morning trade, reaching 26,718, making it the…

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Tata Motors re-enters South Africa’s passenger car market after six years

Tata Motors re-enters South Africa’s passenger car market after six years

Indian automobile manufacturer Tata Motors on Wednesday announced that it has re-entered South Africa’s passenger vehicle market after six years, launching three SUVs and an entry-level compact hatchback. Tata launched models including Punch (compact SUV), Curvv (coupe-inspired SUV), Tiago (hatchback), and Harrier (premium SUV) in the South African market. All models are traditional combustion engine-based vehicles and…

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Markets continue the winning streak for fourth session; Nifty nears 25,000, Sensex surges over 370 points

Markets continue the winning streak for fourth session; Nifty nears 25,000, Sensex surges over 370 points

Stock Market Closing: Indian equity benchmarks extended their winning streak for the fourth straight session, buoyed by strong gains in Reliance Industries and select auto stocks. The Sensex closed 371 points higher at 81,644.39 (+0.46 per cent), while the Nifty 50 ended just below the 25,000 mark at 24,981, up 104 points (+0.42 per cent). The…

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