Mahindra has added its new sporty car in sedan segment of Indian auto market, called Verito Executive edition. Read more
Tag: M&M
Mahindra forays into bike segment, launches Centuro and Pantero
India’s largest auto-maker Mahindra has finally introduced two new 110 cc models as entry level in the motorcycle segment. Read more
Car companies records high growth in March sales
At the end of fiscal year March, Car auto firms boost the sale record as higher as demanding advanced purchases in fear of hike price during the budget 2012-13.
The major player of Automobile Market including Tata Motors, Mahindra & Mahindra and Honda Siel Cars India, all are hit high sales in the first half of the month.
Sunday, the firms revealed their statistical sales report that showed Honda hit a growth of 208 per cent Cars at 11,016 units with its small car Brio which record alone selling of 6,355 units. Read more
Sensex slips; M&M, HDFC Bank, Bharti Airtel records fall
HDFC Bank, Bharti Airtel and M&M are the losers as the BSE Sensex slipped as much as 0.3 per cent early on Wednesday.
Rakesh Gandhi, Sr Technical Analyst of LKP Securities Ltd , reported ,”The 50-share Nifty index closed near its important support level of 4780 and if the index sustains above this level it will add further to the momentum.”
Indicating the current movement of Nifty, He further said, “From here, the current up move could once again weaken only if Nifty breaks below 4680 and from a trading perspective one can use declines to buy and exit if this level is broken on closing basis.”
According to the Sensex report, HDFC Bank Ltd by 1.3% down, Bharti Airtel with 1.8% and M&M by 1.7%, are leading losses at the time when the 30-share BSE index was trading 0.3% lower at 15,888.16 points. Read more
