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MehraboonIrani: I am quite comfortable with the metals space. Telecoms, aclear-cut ‘no’. Despite whatever happens to the RComm share, thesituation still hasn't cleared up.Again, something like cement? Aclear-cut ‘no’, because I expect prices to be under pressure despitewhatever people have been talking of the demand. So there are three or foursectors which are a clear-cut ‘no’.
MUMBAI:Indian markets gained momentum and moved above psychological resistance levelsas sentiments turned bullish following bounce back inEurope.
At 2:20 pm, National StockExchange’s Nifty was at 5058.10, up 57.80 points or 1.16 per cent. The50-share index hit a high of 5059.65 and low of4997.60.
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Bombay Stock Exchange’s Sensexwas at 16881.91, up 224.02 points or 1.34 per cent. The index touched a high of16892.75 and low of 16668.91. The Hindu | In fast lane: Auto, car sales vroom 30% in May Times of India NEW DELHI: New models and lower financing rates kept the momentum going for car sales that saw a healthy 30% growth in May. According to figures released by ... Auto sales highest-ever for May, growth rate to moderate Auto export up 50% at 179130 units, best ever in May India sets pace for auto sales in May |
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Auto export from India touched a record 179,130 units last month, the highest ever achieved in the month of May, on the back of two-wheeler makers Bajaj Auto and TVS Motor Co posting impressive overseas sales.
According to Society of Indian Automobile Manufacturers (SIAM), auto export from the country stood at 179,130 vehicles in May compared to 119,749 units in the same month last year, up 49.59 per cent.
"The total overseas sales for all categories in last month were the best ever for the month of May," SIAM Director General Vishnu Mathur told reporters here.
Govt may agree to a hike of Rs 2 in auto fares Times of India Auto union leaders and transport ministry officials, led by state minister Radhakrishna Vikhe-Patil, are scheduled to meet at Mantralaya on Wednesday. ... |
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