Budget 2020

Automatics find more buyers in used car market

(This story originally appeared in on Mar 01, 2021) CHENNAI: More than a third of all used cars sold were those with automatic transmission, according to a report by online car marketplace Droom. It said the adoption of automatic transmission has more than doubled from 17% in 2016 to 37% in 2020, higher than the […]

Budget 2020

Stock market news: Vodafone Idea share price falls over 1%

NEW DELHI: Shares of Vodafone Idea traded 1.16 per cent down in Thursday’s trade at 01:59PM (IST). Around 34,310,770 shares changed hands on the counter. The stock opened at Rs 11.01 and touched an intraday high and low of Rs 11.15 and Rs 10.9, respectively, in the session so far. Shares of the company of […]

Budget 2020

NSE defends response to shutdown

The NSE on Friday defended its reopening the market after an unexpected shutdown this week, amid criticism about how it handled the situation. “This communication was done only after there was visibility and clarity on resumption of services and any prior communication would not have been appropriate,” the NSE said in a statement. The exchange […]

Budget 2020

Stock market update: 132 stocks hit 52-week highs on NSE

Benchmark NSE Nifty index was trading 176.30 points up at 14705.45 on Monday on account of buying in frontline bluechip counters. Among the stocks that touched their 52-week highs on NSE were: APL Apollo Tubes, Astral Poly Technik, Blue Star, Eveready Industries, Greenply Industries, Hindustan Copper, JK Paper, NBCC (India), Radico Khaitan, Supreme Industries, Vedanta […]

Budget 2020

Stock market update: Nifty Metal index jumps 4%; Hindustan Copper surges 10%

NEW DELHI: Nifty Metal index was trading with gains at 02:25PM (IST) on Thursday. Shares of Hindustan Copper (up 9.98 per cent), Coal India (up 7.79 per cent), Welspun Corp (up 5.26 per cent), Hindalco Industries (up 4.57 per cent) and National Aluminium Company (up 3.92 per cent) were among the top gainers. The Nifty […]

Budget 2020

Stock market update: IT stocks gain; MPhasis climbs 2%

NEW DELHI: IT stocks were trading on a positive note at 01:59PM (IST) on Tuesday. Shares of MPhasis (up 1.99 per cent), Tata Consultancy (up 1.41 per cent), Info Edge (India) (up 1.35 per cent), Mindtree (up 0.24 per cent) and Coforge (up 0.2 per cent) were among the top gainers. While HCL Technologies (down […]

Budget 2020

Pick up IT & auto stocks if market falls 5-10%: Deepak Shenoy

I would avoid FMCG and a lot of the pharma pack but pick up IT and auto and auto ancillaries if they were to come down another 5% or 10%, says Deepak Shenoy, Founder, Capital Mind. How are you advising clients to play the volatility in the markets?To be fair, there is a small correction […]