Latest News
-
25% Dividend Record Date: Logistic Stock Nears 1-Year High And It Belongs To Mahindra; Motilal Neutral -
1:10 Split, 26 Dividends: Tata's 26-Year-Old Retail Stock In Focus, Q4, Dividend Ahead; Buy For Target Rs 4200 -
1:5 Split Soon: Rs 2,300 Defence Stock To Split Into Five Shares, Rs 400 Cr Fundraising Too; Hits 52-Week High -
Penny Stock Bags Back-To-Back Orders Worth Rs 500 Mn, 110 Mn; Shares Hit Upper Circuit -
Marshall Wace Offloads Stakes in 21 Indian Companies for Rs 2,365 Crore -
Rishi Sunak Announces Generational Hike in UK Defence Spending -
Dr Reddy's Issues Recall for Six Drug Lots in US Over Subpotency Concerns -
Dr Reddy's Voluntarily Recalls Six Drug Lots in US Over Potency Concerns -
IRCON, RITES: 2 Multibagger Navratna Railway Stocks Potential To 17-24% Upside Ahead; Assigned BUY Rating -
AU Small Finance Bank Unveils New Products Including Rupay Credit Card
Markets open flat; auto stocks continue to rally post budget
The Sensex was trading with a gain of six points, while the Nifty gained three points in early trade. Auto stocks like Mahindra and Mahindra and Maruti were trading higher.
Other Nifty gainers in trade were Cipla, HDFC, Grasim and Ultratech Cement. Nifty stocks that saw some selling pressure in trade were DLF, Bharti Airtel and ONGC.
Tata Motors was trading flat after the company said that it will cut the prices of certain products after the Finance Minister announced a cut in excise duty on automobiles.
NTPC was marginally up after the board of the company approved the 1,320-MW thermal power plant at Katwa in West Bengal.
GlaxoSmithKline Pharmaceuticals was trading flat at Rs 3015, ahead of the parent company's voluntary open offer which starts today.
Banking stocks which saw smart gains on Monday lost ground in early trade. Among the losers were ICICI Bank, HDFC Bank and Yes Bank. Mid cap stocks were having a good session in trade with JSW Steel, Adani and Andhra Bank among the early gainers.
Meanwhile, markets across Asia were trading flat to positive. The Japanese Nikkei and the Jakarta Composite were trading with gains, while the Shanghai Composite declined in early trade.
GoodReturns.in
