Auto Sector

Tata Motors stocks jumped nearly 2% after the company reported a 10% growth in domestic sales in December 2022.

This investment will pave way for collaborative research and development in electric motorcycles.

In the Passenger Vehicles segment it sold 28,445 vehicles.

Investors who are ready to park their money for the NFO tenure of 366 days should invest in this scheme.

Tata Passenger Electric Mobility Limited is a subsidiary of Tata Motors Limited.

Markets more likely to be in positive territory in the first week

Domestic sales grew 49%, y-o-y, to 17,112 units in December.

Total domestic wholesales were 1,13,535 units in December 2022.

The investment objective of the scheme is to track the Index by investing in securities as represented by CRISIL IBX SDL Index – June 2027.

The metal index hit fresh record high on nifty today.