The shares of Indian automakers sharply surged on September 4, after the GST Council approved a slew of reforms to the tax regime. The sharp rise in the share prices pushed the Nifty Auto index up more than 3 percent.The Nifty Auto index was hovering around 26,612.20, the highest level seen in nearly 11 months.During its meeting which concluded on September 3, the Goods and Services Tax (GST) Coun...

Auto stocks surged in trade on September 4, with shares of Mahindra & Mahindra, Eicher Motors, Tata Motors, TVS Motor, Hero MotoCorp, Bajaj Auto, and Maruti Suzuki climbing between 1 and 6 percent following sweeping GST tax cuts across vehicles—from hatchbacks and SUVs to motorcycles and commercial vehicles.The Nifty Auto index rose over 2 percent, emerging as the top-performing sector in early ...

Bulls staged a healthy comeback after a day of bearish action, driving the Nifty 50 higher by 135 points on September 3. However, the index could not surpass the previous day's high of 24,756, which remains a crucial level for any further upmove. While market sentiment improved, technical and momentum indicators still signal a mixed trend. If the index reclaims and sustains above 24,750, the 24,80...

The benchmark indices rebounded after a day of profit booking, rising more than half a percent on September 3. Bulls continued to support the market breadth for the third straight day, with about 1,884 shares advancing compared to 894 declining shares on the NSE. The uptrend is expected to strengthen if the frontline indices decisively surpass short- and medium-term moving averages. Below are some...

Let's catch up on the latest news from the stock market. From significant investments to major deals, order wins, acquisitions, and appointments, here’s a quick look at which stocks will be in focus in today's trade:Results TodayBlueStone Jewellery and Lifestyle, Valecha Engineering, 3B Films, Laser Diamonds, SGL Resources, and Transpact Enterprises will announce their quarterly earnings on Sept...