Equity benchmarks gained strength in late trade after consolidation and closed 0.24 percent higher on the Nifty 50 on July 8, but the market breadth was negative. A total of 1,452 shares declined, compared to 1,192 shares that advanced on the NSE. The consolidation and rangebound trading may continue until the frontline indices decisively surpass the recent swing high. Below are some short-term tr...

Auto ancillary player Samvardhana Motherson International Ltd (SAMIL) shares gained in trade on Friday, May 30, after the firm reported a 20 percent jump in net profit for the quarter ended March 31, 2025.SAMIL reported a net profit of Rs 1,050.5 crore for the fourth quarter of the financial year 2025. This marks a nearly 20 percent jump from the Rs 878.63 crore net profit reported in the correspo...

Shares of Indian car companies and auto component makers are sharply higher between 5-6 percent on April 15, led by Tata Motors, M&M, Samvardhana Motherson, and Sona BLW Precision Forgings, after US President Trump signalled a potential exemption for automotive sector grappling with high import tariffs.Trump said in a statement that he’s ‘looking to help some of the car companies’ that are i...

Shares of Tata Motors, Sona BLW Precision Forgings, and Samvardhana Motherson plunged up to 7 percent on March 27 as investors hit the brakes on auto stocks, spooked by Trump's 25 percent tariff on foreign car imports to the US.While the direct export of fully assembled vehicles from India to the U.S. is relatively limited, auto component makers with substantial export exposure will feel the impac...

The market clocked a 1.3 percent rally on March 24, extending its upward journey for six days in a row. The market breadth remained positive, with about 1,720 shares advancing compared to 938 declining shares on the NSE. The benchmark indices are likely to surpass their swing high of February in the upcoming sessions. Below are some trading ideas for the near term:Jigar S Patel, Senior Manager - E...