📌 Seeing around 37 percent growth from states like Telangana, Andhra Pradesh
📌 Tamil Nadu contributed least due to sand mining issues.
📌 Clocked around 4 percent growth last year
📌 Affordable housing, upcoming elections aiding to growth from Karnataka.
📌 Expect momentum for CV demand to continue moving ahead.
📌 Higher Infra spending, road construction and decline in truck overloading aiding demand.
📌 Oil and Gas, Logistics and FMCG sector are driving demand for trucks.
📌 Big events like upcoming elections are the key to look for in markets.
📌 Good monsoon to aid rural sector, increasing bets on same.
📌 Have added technology, consumer and private sector banks to the portfolio
Gold Silver Reports (GSR) – Sobha Rises On Plan To Invest Rs 500 Crore In Gujarat – Shares of the real estate developer rose as much as 3.3 percent to Rs 568. The construction company plans to invest Rs 500 crore for a residential project in GIFT City, Gujarat, according to its stock exchange notification.
Gold Silver Reports (GSR) – Yes Bank Gains On Fund Raising Plan — Shares of the Mumbai-based private sector lender rose as much as 1.4 percent to Rs 320.70 after the bank said that its board will meet on April 26 to discuss fund raising plan via share sale and will …
Yes Bank Block Deal Alert Yes Bank has 29.6 lakh shares change hands in a block deal, Stock rises 0.6 percent to Rs 316. Buyers and sellers were not immediately known
✅ Indian equity benchmarks held on to gains led by Kotak Mahindra Bank, Reliance Industries, HDFC Bank and Larsen & Toubro.
✅ The S&P BSE Sensex rose 0.4 percent or 147 points to 33,115 and the NSE Nifty 50 index gained 0.5 percent or 50 points to 10,164.