Shares of Hyundai Motor India Ltd surged 7 percent on Friday, making it the top gainer on the Nifty 100, as investors cheered the automaker's fiscal first quarter earnings and upbeat management commentary. Brokerages maintained bullish views on the stock.Hyundai Motor India stock rose as much as 7 percent to Rs 2,160 in morning trade. It had gained 1.3 percent in the previous session after the com...

Auto stocks remained under pressure for a second straight session on Friday morning, with the Nifty Auto index falling more than 2 percent as concerns around rising crude oil prices, potential gas shortages and supply-chain disruptions continued to weigh on the sector.At 10:20 am, the Nifty Auto index was down 2.2 percent. The broader market was also weak, with the Sensex falling over 900 points t...

Let's catch up on the latest news from the stock market. From significant investments to major deals, monthly auto sales, and order wins, here’s a quick look at which stocks will be in focus in today's trade:Monthly Business UpdateMaruti Suzuki India (February YoY)Total sales grow 7.3% to 2,13,995 units Vs 1,99,400 unitsDomestic sales rise 0.26% to 1,74,840 units Vs 1,74,379 unitsDomestic passen...

The benchmark indices rebounded 0.4 percent on August 25 after nearly a percent loss in the previous session, but the market breadth remained weak. About 1,493 shares declined compared to 1,298 advancing shares on the NSE. The market is likely to consolidate further until it decisively gets back above last Thursday's high. Below are some short-term trading ideas to consider:Mehul Kothari, AVP - Te...

Shares of Hyundai Motor India Ltd. gained as much as 3 percent to Rs 2,222 in morning deals on August 12, extending gains for a second consecutive session after Goldman Sachs initiated coverage with a buy recommendation, citing positive factors for growth.The international brokerage has set a price target of Rs 2,600 per share, implying an upside potential of 21 percent from the last close on the ...