Business Standard

Tuesday, December 24, 2024 | 03:14 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Nifty Auto

Nifty Auto likely to remain range-bound in near-term, says Ravi Nathani

According to the technical analyst, the Nifty Auto Index is expected to remain range-bound in the near term, with a potential breakout in either direction likely to trigger a directional bias

Nifty Auto likely to remain range-bound in near-term, says Ravi Nathani
Updated On : 06 Apr 2023 | 7:58 AM IST

Charts suggest Nifty Auto in 'oversold' zone, rebound likely: Ravi Nathani

According to the technical analyst, traders should adopt a buy-on-dips approach for the Nifty Auto index, with a minimum target of 12,236

Charts suggest Nifty Auto in 'oversold' zone, rebound likely: Ravi Nathani
Updated On : 28 Mar 2023 | 7:48 AM IST

Nifty Auto likely to rebound, sell Nifty Metal on rise, says Ravi Nathani

The technical analyst expects the Nifty auto index to shortly see a rebound, while the metal index could underperform

Nifty Auto likely to rebound, sell Nifty Metal on rise, says Ravi Nathani
Updated On : 22 Mar 2023 | 8:27 AM IST

Bajaj Auto slips over 4% on concerns of weak export sales

Analysts believe that exports are likely to remain under pressure in \near term, owing to weak macros, adverse currency movements and dollar availability issues in Africa, South Asia and Latin America

Bajaj Auto slips over 4% on concerns of weak export sales
Updated On : 27 Feb 2023 | 11:47 AM IST

Charts show range-bound pattern for Nifty FMCG, Auto indices: Ravi Nathani

According to the technical analyst, charts suggest range-bound pattern for Nifty FMCG, Nifty Metal, and Nifty Auto indices in the near-term

Charts show range-bound pattern for Nifty FMCG, Auto indices: Ravi Nathani
Updated On : 22 Feb 2023 | 7:47 AM IST

Here's why Ravi Nathani is bearish on Nifty Auto index in the near-term

According to technical analyst, since the MACD has turned negative, and Parabolic Stop and Reversal has turned bearish, it is advised for traders to adopt sell-on-rise strategy for Nifty Auto index

Here's why Ravi Nathani is bearish on Nifty Auto index in the near-term
Updated On : 15 Feb 2023 | 7:49 AM IST

M&M's Q3 revenues may rise up to 42% YoY, fall in RM prices to aid margins

On the bourses, shares of M&M declined 1.4 per cent in Q3FY23, whereas peers like Maruti Suzuki, and Tata Motors slipped up to 4 per cent

M&M's Q3 revenues may rise up to 42% YoY, fall in RM prices to aid margins
Updated On : 09 Feb 2023 | 1:48 PM IST

Traders can adopt sell-on-rise strategy for FMCG, auto shares: Ravi Nathani

According to the technical analyst, he recommends traders to adopt sell side position for Nifty Metal index or wait for bearish correction to culminate before commencing accumulation at support levels

Traders can adopt sell-on-rise strategy for FMCG, auto shares: Ravi Nathani
Updated On : 08 Feb 2023 | 8:14 AM IST

Nifty Auto, Metal indices trading in thin range; here's how to play them

The best trading strategy Nifty Auto index would be to sell near resistance levels until we get close above new high

Nifty Auto, Metal indices trading in thin range; here's how to play them
Updated On : 16 Jan 2023 | 8:08 AM IST

Bosch, Uno Minda: Analysts bet on airbag makers on govt push for car safety

Implementation of airbags in other vehicle segments over the medium term will offer further revenue upside for airbag manufacturers, as per rating agency ICRA

Bosch, Uno Minda: Analysts bet on airbag makers on govt push for car safety
Updated On : 05 Jan 2023 | 9:57 PM IST

Will four-wheeler stocks hit the fast lane in H2 of this fiscal?

Passenger vehicles in India are witnessing strong demand as consumers hit the roads leaving behind lockdown blues. So, amid the easing supply issues, is it time to buy four-wheeler stocks?

Will four-wheeler stocks hit the fast lane in H2 of this fiscal?
Updated On : 24 Aug 2022 | 7:06 AM IST

Chip crunch, high RM to dent Bajaj Auto's margins in Q1FY23, say analysts

Analysts, on average, expect the revenue to fall up to 7 per cent quarter-on-quarter (QoQ) to Rs 7,416 crore in Q1FY23.

Chip crunch, high RM to dent Bajaj Auto's margins in Q1FY23, say analysts
Updated On : 26 Jul 2022 | 9:53 AM IST

Nifty auto index surges 7% in biggest weekly advance in 17 months

The latest gain comes on the back of easing commodity prices and supply chain issues

Nifty auto index surges 7% in biggest weekly advance in 17 months
Updated On : 24 Jun 2022 | 11:15 PM IST

Nifty Auto tests 200-DMA; TaMo, Maruti can rally up to 11%, charts show

The Nifty Auto index is slowly inching towards 200-DMA; above which the index can gain up to 4 per cent.

Nifty Auto tests 200-DMA; TaMo, Maruti can rally up to 11%, charts show
Updated On : 17 May 2022 | 1:42 PM IST

Auto is an extremely attractive contrarian bet: Shiv Sehgal, Edelweiss

Despite the correction, our valuations relative to other emerging markets (EMs) haven't yet come off. Thus, FIIs are a bit cautious

Auto is an extremely attractive contrarian bet: Shiv Sehgal, Edelweiss
Updated On : 11 Mar 2022 | 9:50 PM IST

Tata Motors, Bajaj Auto: Near-term headwinds may keep auto shares volatile

Going ahead, analysts at Motilal Oswal Financial Services see easing semiconductor supplies supporting PV wholesales, but the two-wheeler segment will take time to recover

Tata Motors, Bajaj Auto: Near-term headwinds may keep auto shares volatile
Updated On : 03 Jan 2022 | 1:01 PM IST

Auto stocks rally; M&M surges 5%, TVS Motor, Bajaj Auto gain 3%

The last four months of 2020 include various auspicious occasions such as Navratri, Dussehra, Diwali, etc, hence, consumer's discretionary purchases rise in such months

Auto stocks rally; M&M surges 5%, TVS Motor, Bajaj Auto gain 3%
Updated On : 16 Sep 2020 | 1:03 PM IST

Auto stocks in top gear despite sales de-growth due to Covid-19

In May, the S&P BSE Auto index gained 5.6 per cent as compared to 3.8 per cent decline in the S&P BSE Sensex.

Auto stocks in top gear despite sales de-growth due to Covid-19
Updated On : 01 Jun 2020 | 2:15 PM IST

Auto stocks extend gains; Nifty Auto index surges 20% in three days

M&M, Maruti Suzuki India, Bajaj Auto, Hero MotoCorp, Tata Motors and Motherson Sumi Systems from the Nifty Auto index were up in the range of 8 per cent to 11 per cent.

Auto stocks extend gains; Nifty Auto index surges 20% in three days
Updated On : 09 Apr 2020 | 1:05 PM IST

Nifty Auto, Metal, Media indices hit 52-wk lows on Coronavirus woes

Nifty Metal index tumbled 6.6 per cent to 2,134, while Nifty Media index slipped 5.5 per cent to 1,518, and Nifty Auto was down 4 per cent to 6,662, as against a 3.9 per cent decline in the Nifty50

Nifty Auto, Metal, Media indices hit 52-wk lows on Coronavirus woes
Updated On : 06 Mar 2020 | 11:51 AM IST