Another key reason was the changing tack of global forex market traders for base currencies to buy EM currencies, which helped the rupee.
While Tata Motors will see its average annual capex increase by Rs 1,000 cr to Rs 4,000 cr, JLR, its wholly owned subsidiary, will infuse an additional Rs 9,000 cr for the next two-three years to 3.5-3.75 bn pounds.
Cement manufacturer ACC's stock is likely to outperform Ambuja Cements’ in the short term if one goes by the historical statistical pattern of 'normalised price ratio' between the two stocks.
The nation's largest automobile manufacturer by revenue hopes the new car to play a key part in driving it back to the path of high growth.
US crude benchmark or WTI traded higher than the European scale briefl y on January 14 for the fi rst time in over 18 months.
SWFs and pension funds can take exposure in Indian debt by investing in government debt instruments through tap route where RBI has a maximum cap of $5 billion.
The stock posted a 5-day average negative return for the past 11 out of 16 occasions after announcement of its quarterly results.
Euphoria fading, consensus EPS of 18 Nifty cos revised downward between 5% & 33% in last three month
Analysts believe consensus Nifty earnings per share (EPS) for the next two years will likely see more moderation after the third-quarter results.
Risk aversion towards equities & commodities aggravated after euro broke the important psychological support of 1.20 against the US dollar.
Eicher, in partnership with Polaris Industries, the US maker of all-terrain vehicles, is building a vehicle with a 600cc diesel engine.
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