3 hari yang lalu
BSE car scale roseate 736 pts to 51,637 successful early deals coming against nan erstwhile adjacent of Rs 50,901. Auto stocks were nan apical sectoral gainers today.
Tata Motors (4%), Bharat Forge (2.82%), Sundaram Fasteners (4.26%), Motherson Sumi Wiring (2.88%), Bosch Ltd (2.23%), TI India (1.89%), Ashok Leyland (1.63%), TVS Motors (1.31%), Uno Minda 1.20% and M&M (1%) were nan apical gainers successful early deals.
Shares of car firms staged a beardown rally connected Wednesday greeting aft PM Narendra Modi announced nan conclusion of the Free Trade Agreement (FTA) pinch nan United Kingdom (UK), on pinch a Double Contribution Convention.
This pact implies that automotive tariffs will autumn from 100% to 10% nether a quota arsenic per nan FTA. This will besides see important car components manufacture arsenic well. BSE car scale roseate 736 pts to 51,637 successful early deals coming against nan erstwhile adjacent of Rs 50,901. Auto stocks were nan apical sectoral gainers today.
Delighted to speak pinch my friend PM @Keir_Starmer. In a historical milestone, India and nan UK person successfully concluded an eager and mutually beneficial Free Trade Agreement, on pinch a Double Contribution Convention. These landmark agreements will further deepen our…
— Narendra Modi (@narendramodi) May 6, 2025Shares of Tata Motors (4%), Bharat Forge (2.82%), Sundaram Fasteners (4.26%), Motherson Sumi Wiring (2.88%), Bosch Ltd (2.23%), TI India (1.89%), Ashok Leyland (1.63%), TVS Motors (1.31%), Uno Minda 1.20% and M&M (1%) were nan apical gainers successful early deals.
The woody agrees to quotas connected some sides for autos imports. It would besides consequence successful lowers tariffs connected equipment specified arsenic whisky, precocious manufacturing parts and nutrient products specified arsenic lamb, salmon, chocolates and biscuits.
Disclaimer: Business Today provides banal marketplace news for informational purposes only and should not beryllium construed arsenic finance advice. Readers are encouraged to consult pinch a qualified financial advisor earlier making immoderate finance decisions.
Published on: May 7, 2025 11:54 AM IST
English (US) · 
Indonesian (ID) ·