Tata Motors Group global wholesales slips 23% in May 2019-Sai Proficient

The Tata Motors Group global wholesales in May 2019, including Jaguar Land Rover, were at 82,374 units, down by 23%, over May 2018.

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Jet Airways nosedives 14% after bourses mull trading restrictions-Sai Proficient

Shares of Jet Airways plunged more than 14 percent intraday on June 13 after stock exchanges decided to impose trading restrictions on the beleaguered airline.

According to a circular issued by NSE, the decision was taken as a part of preventive surveillance measures to curb excessive volatility.

The decision has been taken jointly by the exchanges and would be effective from 28 June, it said.

The stock exchange notified that the shares of the airline will be shifted from "Rolling Segment to Trade for Trade Segment, wherein the settlement in the scrip will take place on gross basis with 100 percent upfront margin and 5 percent price band".

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Today Crude Update-Sai Proficient

Oil prices rose on Monday after Saudi Arabia said producer club OPEC and Russia were likely to keep withholding supplies, and in relief that the United States and Mexico averted a trade war that would have damaged the global economy.

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Today Stock Market Update-Sai Proficient

FMCG ShareS Mixed HUL Rises Over 1%.

FMCG shares were trading on a mixed note in Thursday's morning session.

Shares of Godrej Consumer Products (up 1.51 per cent), Hindustan Unilever (up 1.45 per cent), GlaxoSmithKline Consumer Healthcare (up 1.39 per cent) and Tata Global Beverages (up 1.10 per cent) were the top gainers in the index.

The Nifty FMCG index was trading 0.35 per cent up at 30,303.75 around 10:43 am.

Benchmark NSE Nifty50 index was down 62.25 points at 11,959.40 while the BSE Sensex was down 148.67 points at 39,934.87.

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Stock Market Opens Update-Sai Proficient

The Sensex is down 132.09 points or 0.33% at 40135.53, and the Nifty down 37.30 points or 0.31% at 12051.20. About 300 shares have advanced, 325 shares declined, and 38 shares are unchanged.

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Hero Motocorp Update-Sai Proficient

Hero Motocorp shares rallied nearly 5 percent intraday on June 3 after a better-than-expected May sales data.

The country's largest two-wheeler maker sold 6.5 lakh units in May, down 8 percent against 7.06 lakh units sold in the same period last year.

But numbers were better than Nomura expectations of 6.2 lakh units.

Also, the sequential performance was quite strong. Hero sales grew 13.2 percent compared to 5.74 lakh units sold in April 2019.


In May, Hero Motocorp launched three new motorcycles including the highly anticipated XPulse 200, the XPulse 200T and the Xtreme 200S, the company said in its filing.

Apart from the three premium motorcycles, the company also launched two new scooters – Maestro Edge 125 and Pleasure+ 110, it added.

The stock was quoting at Rs 2,805.40, up Rs 124, or 4.62 percent on the BSE, at 1018 hours IST.
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