News for Tata Motors Limited (TATAMTRDVR.BO)

Emkay Global removed IndusInd Bank from its model portfolio, citing leadership uncertainty and derivatives accounting concerns. The brokerage also downgraded the stock and added Power Finance Corporation, citing attractive valuations and bullish exposure to the power sector.

Stock market indices rebound after previous session's fall, supported by foreign fund inflows and blue-chip buying.

The 30-share BSE Sensex was up 386.1 points at 77674.6

The NSE Nifty index was trading 88.25 points up at 23575.1

Indian benchmark indices Sensex and Nifty 50 rebounded on Thursday after an early dip caused by concerns over US tariffs on auto imports. The IT sector provided support, while the auto sector lagged due to the new import tariffs. Market volatility is expected due to global trade uncertainties.

Hinduja Group’s flagship company is reportedly looking to buy Sumitomo Corporation’s stake in commercial vehicle maker SML Isuzu.

SML Isuzu sold 11,617 trucks and buses in the calendar year 2024, making it the eighth-largest commercial vehicle maker in the country.

The Nifty Auto index closed 0.61 per cent up at 21756.0.

From the Sensex pack, NTPC, Bajaj Finance, Kotak Mahindra Bank, Axis Bank, Nestle, Larsen & Toubro, Tata Motors, ICICI Bank, Power Grid and Zomato were among the gainers. However, Infosys, Tata Steel, Mahindra & Mahindra, Titan and Bajaj Finserv were among the laggards.

Sensex and Nifty surge nearly 1% on fresh foreign fund inflows and bank stock gains, driven by US Fed signals.

The NSE Nifty index closed 159.75 points up at 23350.4

Tata Motors shares are still down 40.53% from its 52-week high of Rs 1179.05 on July 30, 2024.

Stock market benchmarks Sensex and Nifty surge over 1% on Thursday fueled by global equities and rate cut projections.

From the Sensex pack, Bharti Airtel, Titan, Tata Consultancy Services, Hindustan Unilever, Infosys, Nestle, Reliance Industries, Mahindra & Mahindra, HDFC Bank and Tata Motors were the biggest gainers. However, IndusInd Bank, Bajaj Finance and UltraTech Cement were the laggards.

The 30-share BSE Sensex was up 431.18 points at 75880.23

The Nifty Auto index was trading 1.03 per cent up at 21539.8.

Equity indices surge over 1.5% on global cues, macro data, and value buying; Sensex settles at 75,301, Nifty at 22,834.

Equity markets surge with BSE Sensex up 1.53% and NSE Nifty 50 up 1.45%, driven by financial and auto stocks.

Equity markets surge on positive global cues, banking stocks lead gains, Sensex closes at 75,301.26, Nifty at 22,834.30.