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 ...

The benchmark indices corrected sharply after six consecutive days of gains, falling by 1 percent on June 12 due to profit booking. Market breadth was dominated by bears, with 1,945 shares declining versus 660 advancing shares on the NSE. The market may attempt a rebound amid likely range-bound trading in the upcoming session, but the sustainability is the key watch. Below are some short-term trad...