Auto index clocks double-digit gains for 3rd year straight. Can it stay in fast lane?
NEW DELHI: With Motown in top gear, auto stocks once again rewarded investors handsomely in 2022, clocking double-digit returns for the third consecutive year. The BSE Auto index which is up around 18% so far in 2022, rallied 19% in 2021 and 13% in 2020. But interestingly, the auto index has managed to outperform the […]
Sensex jumps 403 pts, Nifty tops 18,600 as inflation eases
Domestic retail inflation data for November and positive global cues left Dalal Street pretty enthusiastic on Tuesday. Domestic retail inflation has eased below the upper band of the Reserve ‘s tolerance limit, hitting an 11-month low. As a ripple effect, the Indian equity market closed higher, led by the banking, financial, auto and IT stocks. […]