Stay updated with breaking news from M Amp. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Indian market closed marginally in the red. S&P BSE Sensex held on to 73000, Nifty50 closed below 22,200. Reliance Industries was up 1%, ICICI Bank hit a record high, and M&M closed at a fresh record high. Buying seen in telecom, capital goods, realty, consumer durables, and industrials. Some selling seen in oil & gas, public sector, and energy stocks.
BSA Bikes: These motorcycles will be produced in the UK for the domestic market and also exported to other developed markets such as the US, Australia and Japan, Anupam Thareja, co-founder, Classic Legends, told ET. BSA has been selling the Gold Star motorcycle model in the UK for more than a year through imports from India.
From the Sensex stocks, JSW Steel, M&M, Tata Steel, Bharti Airtel, and ICICI Bank opened with gains, while Infosys, TCS, Power Grid, Nestle India and Tech Mahindra opened with cuts.
Mahindra has trademarked the Scorpio X name in India, hinting at a new model based on the on-sale Scorpio-N. - Overdrive
Among the Sensex stocks, M&M, Bajaj Finserv, Maruti, ICICI Bank, and SBI opened in the red, while Power Grid, Kotak Bank, Asian Paints, JSW Steel, and HDFC Bank opened in the green.