Auto Sector

Spot gold down 0.2% at $1,824.06 per ounce.

Australia's GDP growth in December quarter at just 0.5%.

Apixaban is a generic anti-clotting drug.

Shares are expected to be sold at a discount of 3%-5% to the market price.

Production is likely to resume after 30 days.

Total commercial vehicle domestic sales fell 3% last month to 36,565 units.

The company sold 18,571 automobiles in February, a significant increase of 27% over the same month last year, mostly due to domestic performance.

In comparison to February 2022, total domestic sales of Eicher trucks and buses increased by 33.5% to 6,799 units, while exports fell by 53.8% to 301 units.

Analysts at IIFL Capital Services have upgraded their consolidated PAT estimates for Torrent Power (TPW) for FY23-25 by 40%/7%/7% to reflect the massive LNG trading gains, and YTD performance of distribution assets.

The promoters of PTC India - NTPC, NHPC, Power Finance Corp, and Power Grid Corp - control around 16% of the company.