The majority of the manufacturers of passenger vehicles (PVs) recorded double-digit growth over the same month last year, while domestic wholesales (dispatches to dealers) of automobiles maintained their momentum in the festival month of October. The manufacturers predict that the trend will hold in the upcoming months due to the better semi-conductor condition. Market leader Maruti…
Improved semiconductor supply and new launches in the last few months led to growth in automobile sales in July, not only in the passenger vehicle (PV) segment but also in the two-wheeler and commercial vehicle segments. Some companies recorded one of the highest monthly sales in July post-Covid restrictions and some reported highestever monthly sales…
Indices rise further as positive pharma and metal stocks rise as auto stocks rise to boost overall performance. The BSE Sensex is currently trading at 49,525.29, up 318.82 points, or 0.65%. The Nifty 50 is currently trading at 14,943.95, up 120.80 points or 0.81%. The Nifty Bank was up 0.66% at 33,123.20 and the Mid…
