The key equity barometers continued to trade with strong gains near the day s high in mid-morning trade. Auto shares advanced. The Nifty marched towards the 15,000 mark.
At 11:21 IST, the barometer index, the S&P BSE Sensex, was up 376.22 points or 0.76% to 50,037.98. The Nifty 50 index added 124.35 points or 0.84% to 14,943.40.
In broader market, the S&P BSE Mid-Cap index gained 1.01% while the S&P BSE Small-Cap index rose 1.10%.
The market breadth was strong. On the BSE, 1914 shares rose and 702 shares fell. A total of 138 shares were unchanged.
Investors risk appetite improved after the minutes of last month s meeting of the U.S. Federal Reserve suggested that Fed officials were united on the need to see more progress on economic recovery before scaling back their bond-buying program.
Four-wheeler registrations grew while 2Wheelers registrations plummeted in March 2021: FADA
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Passenger vehicle retail sales up 28%, two-wheeler registrations drop 35% in March: FADA
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Passenger vehicle retail sales rise 28%, two-wheeler registrations dip 35% in March: FADA
PTI
New Delhi |
Updated on
April 08, 2021
Hyundai Motor Creta cars lined up at the Chennai port for shipment - The Hindu×
The Federation of Automobile Dealers Associations (FADA) collected vehicle registration data from 1,277 out of the 1,482 regional transport offices Automobile dealers’ body FADA on Thursday said passenger vehicle (PV) retail sales in March witnessed a year-on-year growth of 28.39 per cent to 2,79,745 units, as compared to year-ago period which saw disruptions in the market due to Covid-19 led lockdown.
According to the Federation of Automobile Dealers Associations (FADA), which collected vehicle registration data from 1,277 out of the 1,482 regional transport offices (RTOs), PV sales stood at 2,17,879 units in March 2020.