Stock market update: Nifty Auto index advances 0.64% in an upbeat market
NEW DELHI: The Nifty Auto index traded positive around 10:30AM(IST)on Wednesday in an upbeat market.
Hero MotoCorp Ltd.(up 2.08 per cent), TVS Motor Company Ltd.(up 2.05 per cent), Balkrishna Industries Ltd.(up 1.39 per cent), Mahindra & Mahindra Ltd.(up 1.16 per cent) and Bajaj Auto Ltd.(up 1.09 per cent) were among the top gainers.
Maruti Suzuki India Ltd.(down 0.24 per cent), Tata Motors Ltd.(down 0.13 per cent) and Ashok Leyland Ltd.(down 0.05 per cent) were the top losers on the index.
Play Video
Pause
Skip Backward
Skip Forward
Unmute
Current Time
0:00
/
Duration
0:00
Loaded
:
0%
0:00
Stream Type
LIVE
Seek to live, currently behind live
LIVE
Remaining Time
-
0:00
1x
Playback Rate
Chapters
Chapters
Descriptions
descriptions off
, selected
Captions
captions settings
, opens captions settings dialog
captions off
, selected
Audio Track
default
, selected
Picture-in-Picture
Fullscreen
This is a modal window.
Beginning of dialog window. Escape will cancel and close the window.
Text
Color
White
Black
Red
Green
Blue
Yellow
Magenta
Cyan
Opacity
Opaque
Semi-Transparent
Text Background
Color
Black
White
Red
Green
Blue
Yellow
Magenta
Cyan
Opacity
Opaque
Semi-Transparent
Transparent
Caption Area Background
Color
Black
White
Red
Green
Blue
Yellow
Magenta
Cyan
Opacity
Transparent
Semi-Transparent
Opaque
Font Size
50%
75%
100%
125%
150%
175%
200%
300%
400%
Text Edge Style
None
Raised
Depressed
Uniform
Drop shadow
Font Family
Proportional Sans-Serif
Monospace Sans-Serif
Proportional Serif
Monospace Serif
Casual
Script
Small Caps
Reset
restore all settings to the default values
Done
Close Modal Dialog
End of dialog window.
The Nifty Auto index was up 0.64 per cent at 23910.8 at the time of writing this report.
Benchmark NSE Nifty50 index was up 32.35 points at 25136.6, while the BSE Sensex was up 92.03 points at 82483.75.
Live Events
Among the 50 stocks in the Nifty index, 26 were trading in the green, while 24 were in the red.
Shares of
RattanIndia Power
,
Vodafone Idea
,
Reliance Power
,
JP Power
and
RattanIndia Infra
were among the most traded shares on the NSE.
Shares of
United Polyfab Gujar
,
Kavita Fabrics
,
Creative Eye
, Hybrid Financial Services and Reliance Power hit their fresh 52-week highs in today's trade, while Pansari Developers, Silgo Retail, Shree Ram Proteins, Excel Realty N Infra and BSL Ltd hit fresh 52-week lows in trade.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
News18
13 minutes ago
- News18
Air India Crash: What Are Thrust & Maximum Thrust In Aviation And When Are They Used?
Last Updated: Some initial reports suggest that the aircraft's thrust during takeoff didn't generate enough power and failed, leading to the crash An Air India flight crashed near the Ahmedabad airport on Thursday, with initial reports suggesting at least 242 people were onboard. The plane crashed immediately after takeoff from Ahmedabad. The plane was carrying 169 Indians, 53 British nationals, 7 Portuguese, and one Canadian passenger. Aside from the pilot and first officer, there were also 10 crew members on board. According to reports, more than 130 people have been killed. According to Air Traffic Control (ATC), the aircraft departed from Ahmedabad at 13:39 IST (08:09 UTC) from Runway 23. It issued a MAYDAY call shortly after takeoff, but there was no further response to ATC communications. The aircraft crashed just outside the airport perimeter moments later. Eyewitnesses and officials reported thick black smoke rising from the crash site. The Directorate General of Civil Aviation (DGCA) confirmed that an Air India Boeing 787 aircraft, bearing registration VT-ANB and operating flight AI-171 from Ahmedabad to London Gatwick, crashed immediately after takeoff from Ahmedabad on June 12, 2025. 'There were 242 persons on board the aircraft, including 2 pilots and 10 cabin crew," the DGCA said in a statement. Some initial reports suggest that the aircraft's thrust during takeoff didn't generate enough power and failed, leading to the crash. What is thrust? Thrust is the fundamental force propelling an aircraft forward, overcoming drag to enable flight. Generated by the aircraft's engines, thrust is a reaction force produced by accelerating a mass of air or gas rearward, in accordance with Newton's Third Law of Motion (for every action, there is an equal and opposite reaction). An engine produces more thrust by either accelerating a greater volume of air or increasing the air's acceleration rate. For commercial aircraft, turbofan engines are the primary source of thrust. These engines draw in a large volume of air, some of which bypasses the core combustion chamber and is accelerated by a large fan. The remaining air is compressed, mixed with fuel, ignited, and expelled at high velocity as exhaust gases, providing additional thrust. This design balances power and fuel efficiency, crucial for long-haul flights. Maximum Thrust: It refers to the highest thrust an aircraft engine can produce, a vital but seldom-used metric in everyday operations. Engines have different thrust ratings based on the phase of flight and conditions: Takeoff Thrust: This is the maximum thrust allowed for takeoff. Pilots often use a 'derated" or 'flex" thrust for takeoff, which is less than the absolute maximum. This reduces engine wear, saves fuel, and lowers noise, provided runway length, aircraft weight, and atmospheric conditions allow for a safe takeoff at reduced power. Full maximum takeoff thrust is reserved for critical situations like short runways, high-altitude airports, high temperatures, or maximum takeoff weight. Climb Thrust: The thrust setting used to achieve the desired climb rate after takeoff. It is generally higher than cruise thrust but often less than maximum takeoff thrust. Maximum Continuous Thrust (MCT): This is the highest thrust level an engine can sustain for an extended period without causing damage. It is typically used during certain abnormal conditions or for maintaining altitude in challenging weather. Go-Around/Missed Approach Thrust (TOGA): This is a high thrust setting used when a pilot decides to abort a landing and go around for another attempt. It provides enough power for a rapid climb to safety. Emergency Thrust: True maximum thrust, often exceeding standard operational limits, is typically reserved for critical emergencies such as severe windshear escape manoeuvres, terrain avoidance, or upset recoveries. Thrust and Maximum Thrust for the Boeing 787-8 Dreamliner The Boeing 787-8 Dreamliner is powered by two high-bypass turbofan engines, with a choice between two manufacturers: General Electric GEnx-1B and Rolls-Royce Trent 1000. The thrust ratings for the 787-8's engines generally range from 53,000 to 75,000 pounds-force (lbf) per engine. For instance, the GEnx-1B engine can produce a maximum thrust of around 74,000 lbf, while specific variants of the Rolls-Royce Trent 1000, like the Trent 1000-TEN, can generate up to 78,000 lbf per engine. This immense power allows the 787-8 to achieve its impressive range and fuel efficiency, carrying between 210 and 248 passengers over long distances. While capable of producing these high thrust levels, the engines typically operate at much lower settings during cruise flight, where thrust only needs to balance the aircraft's drag. Maximum thrust, or close to it, is primarily engaged during takeoff and in specific emergency scenarios to ensure the aircraft's safety and performance. Get Latest Updates on Movies, Breaking News On India, World, Live Cricket Scores, And Stock Market Updates. Also Download the News18 App to stay updated! tags : Ahmedabad Plane Crash Air India Location : New Delhi, India, India First Published: June 12, 2025, 17:02 IST News explainers Air India Crash: What Are Thrust & Maximum Thrust In Aviation And When Are They Used?
Economic Times
21 minutes ago
- Economic Times
Stock market update: Nifty Auto index falls 1.65%
(What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
Business Standard
22 minutes ago
- Business Standard
Sensex ends 823 pts lower; Nifty below 24,900 level; realty shares tumble
The key equity indices ended with major cuts today, as global sentiment remained cautious. Investor mood was weighed down by lingering uncertainties surrounding the partial U.S.-China trade agreement, which offered limited clarity and left room for potential tariff escalations. The Nifty ended below the 24,900 level. The market was volatile due to the weekly expiry of the Nifty F&O series today. All the sectoral indices on the NSE ended in red. As per provisional closing data, the barometer index, the S&P BSE Sensex, tanked 823.16 points or 1% to 81,691.98. The Nifty 50 index slipped 253.20 points or 1.01% to 24,888.20. The broader market underperformed the frontline indices. The S&P BSE Mid-Cap index declined 1.52% and the S&P BSE Small-Cap index fell 1.38%. The market breadth was weak. On the BSE, 1,286 shares rose and 2,723 shares fell. A total of 142 shares were unchanged. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, rose 2.54% to 14.02. Buzzing Index: The Nifty Realty index slipped 1.68% to 1,010. The index rose 0.09% in the past trading session. Anant Raj (down 2.95%), Phoenix Mills (down 2.9%), Godrej Properties (down 2.41%), DLF (down 2.35%), Sobha (down 2.12%), Brigade Enterprises (down 2%), Macrotech Developers (down 1.86%), Prestige Estates Projects (down 1.31%), Raymond (down 0.98%) and Oberoi Realty (down 0.53%) declined. Stocks in Spotlight: Sterlite Technologies (STL) surged 9.40% after the company announced it secured a Rs 2,631 crore contract from BSNL for building and maintaining the middle-mile network under BharatNet in Jammu & Kashmir and Ladakh. Tanla Platforms surged 8.46% after the company announced that its board will meet on Monday, 16 June 2025, to consider a proposal for the buyback of equity shares and other related matters. SEPC surged 4.21% after it bagged a letter of award worth Rs 650 crore from Parmeshi Urja for the engineering, procurement, and construction (EPC) of a 133 megawatt (AC) solar power project spread across 26 locations in Maharashtra. Shakti Pumps India advanced 2.76% after the company announced that it has received a letter of award (LoA) worth Rs 114.58 crore from the Maharashtra Energy Department Agency (MEDA). Zee Entertainment added 1.25% after the company announced that its board will meet on Monday, 16 June 2025, where an investment banker will present and discuss the companys growth initiatives for the next three to five years. NIBE rose 0.21%. The firm has received a purchase order from one of the leading Infra and Defence companies for the supply of Armor Plate MIL12560 (ARMOUR) for a total consideration of Rs 23.33 crore. H.G. Infra Engineering fell 1.83%. The company announced that it has been declared the lowest (L1) bidder for the role of Transmission Service Provider (TSP) for the development of an Inter-State Transmission System (ISTS) in the state of Odisha. Canara Bank fell 1.37%. The bank announced a 50 basis points (bps) reduction in its Repo Linked Lending Rate (RLLR), bringing it down from 8.75% to 8.25%, in line with the Reserve Bank of Indias latest repo rate cut. Global Markets: US Dow Jones futures were down 265 points, signaling a weak start for Wall Street. European markets traded lower on Thursday after the UK economy shrank more than expected. The U.K. economy shrank by a larger-than-expected 0.3% in April from Marchthe biggest monthly drop since October 2023. U.K. goods exports to the U.S. dropped 2 billion pounds ($2.71 billion) in April, according to the Office for National Statistics, the biggest monthly drop since records began in 1997. The value of exports was the lowest since February 2022, with the ONS saying the shift was likely linked to the implementation of tariffs on goods imported to the United States. U.S. imports to the U.K. fell by 400 million pounds for the month. Asian stocks ended mixed as investors reacted to U.S. President Donald Trumps statement that a trade agreement with China was done, pending final approval from both himself and Chinese President Xi Jinping. Trump indicated that the deal would include a 55% tariff on Chinese imports, a figure later confirmed by Commerce Secretary Howard Lutnick, who stated that tariffs would remain at that level. In the U.S., major indices closed lower overnight. The S&P 500 fell 0.3%, while the NASDAQ Composite fell 0.5%. The Dow Jones Industrial Average closed flat at 42,865.77 points. According to Trumps social media post, the agreement framework includes Chinese supply commitments for magnets and rare earth elements, while the U.S. would continue to permit Chinese students to attend American universities. Trump emphasized that the U.S. would maintain a 55% tariff, while China would impose a 10% tariff in return. Separately, U.S. inflation data showed the Consumer Price Index (CPI) rose 2.4% year-over-year in May, slightly above Aprils 2.3%. On a monthly basis, CPI growth eased to 0.1%. Market participants are now focused on upcoming Producer Price Index (PPI) figures and weekly jobless claims for additional signals on the health of the U.S. economy.
