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Automobile / The Sen Times

Sensex jumps 676 pts as GST reform bid sparks rally in auto, consumer durable shares

Mumbai, Aug 18 (PTI) Stock markets rose sharply on Monday, with Sensex closing higher by 676 points and Nifty climbing 1 per cent on heavy buying in auto and consumer durables stocks, buoyed by plans for big bang reforms in the GST regime by Diwali. The 30-share BSE Sensex jumped 676.09 points or 0.84 per cent to settle at 81,273.75. During the day, it zoomed by 1,168.11 points or 1.44 per cent to 81,765.77. The 50-share NSE Nifty climbed 245.65 points or 1 per cent to end at 24,876.95. Intra-da

18 Aug 2025 6:13 pm
Sensex rises 419 pts to close above 81k level on gains in metal, auto shares

Mumbai, Aug 4 (PTI) Benchmark BSE Sensex rose by nearly 419 points to close above the 81,000 level while Nifty jumped 157 points on Monday following gains in metal, commodities and auto shares amid a firm trend in global markets. The 30-share Sensex gained 418.81 points or 0.52 per cent to settle at 81,018.72. During the day, it climbed 493.28 points or 0.61 per cent to hit an intraday high of 81,093.19. The 50-share NSE Nifty jumped by 157.40 points or 0.64 per cent to close at 24,722.75. In th

4 Aug 2025 4:50 pm
Vietnam automaker Vinfast opens factory in India, eyeing growth in Asia

THOOTHUKUDI, India, August 4, 2025 (AP) Vietnams Vinfast on Monday began production at a $500 million electric vehicle plant in southern Indias Tamil Nadu state, part of a planned $2 billion investment in India and a broader expansion across Asia. The factory in Thoothukudi will initially make 50,000 electric vehicles annually, with room to triple output to 150,000 cars. Given its proximity to a major port in one of Indias most industrialized states, Vinfast hopes it will be a hub for future ex

4 Aug 2025 12:20 pm
Markets climb in early trade on firm Asian markets, buying in Auto, metal stocks

Mumbai, Aug 4 (PTI) Benchmark indices Sensex and Nifty climbed higher in opening trade on Monday, tracking a firm trend in the Asian markets and buying in auto and metal stocks. The 30-share BSE Sensex rose by 217.61 points or 0.27 per cent to 80,817.52 in opening trade. The 50-share NSE Nifty went up by 71.55 points to 24,636.90. From the 30-share Sensex firms, Tata Steel, BEL, Bajaj Finserv, UltraTech Cement, Hindustan Unilever, Asian Paints, Reliance Industries, Titan and Adani Ports were amo

4 Aug 2025 11:05 am
US automakers say Trumps 15% tariff deal with Japan puts them at a disadvantage

WASHINGTON, July 24, 2025 (AP) U.S. automakers worry that President Donald Trumps agreement to tariff Japanese vehicles at 15% would put them at a competitive disadvantage, saying they will face steeper import taxes on steel, aluminum and parts than their competitors. We need to review all the details of the agreement, but this is a deal that will charge lower tariffs on Japanese autos with no U.S. content, said Matt Blunt, president of the American Automotive Policy Council, which represents t

24 Jul 2025 10:33 am
Markets extend losses for 3rd session; Sensex tanks 690 points on selling in IT, auto stocks

Mumbai, Jul 11 (PTI) Equity benchmark indices Sensex and Nifty declined for the third session in a row on Friday, dropping nearly 1 per cent, dragged by heavy selling in IT, auto and energy stocks amid a muted start of the earnings season. Tariff-related uncertainties and mixed global market trends also added to the pressure, analysts said. The 30-share BSE Sensex tanked 689.81 points or 0.83 per cent to settle at 82,500.47. During the day, it fell 748.03 points or 0.89 per cent to 82,442.25. As

11 Jul 2025 6:18 pm