The commercial vehicle (CV) segment reported double-digit growth in January, with sales at Eicher and Ashok Leyland rising more than 32% each. Eicher Motors lost the most among stocks during the day, down 2.82%, while Ashok Leyland gained the most by 2.78%.

Shares of all Adani group companies have seen massive sell-off in the last few sessions. On Wednesday alone, they saw an erosion of nearly Rs 12 lakh crore in value. The view remains bearish for most stocks, but it will be crucial to see if stocks see a rebound.

Increase in tax exemption limit with consequent more disposable income for Indian taxpayers in Union Budget 2023-24 is a positive development for domestic automobile space and shall spur growth for the domestic passenger vehicle industry. Positive for Maruti Suzuki, M&M, and Tata Motors in our coverage universe. It is also positive for the premium motorcycle segment with Eicher Motors as key beneficiary with the popular Royal Enfield franchise," said brokerage firm ICICI Direct.

Nifty formed a small-bodied bullish candle on the daily scale on Monday and negated its lower lows formation of the last four sessions.​

The NSE Nifty index closed 90.9 points up at 18118.55

UltraTech Cem., Grasim Inds., NTPC, JSW Steel and Tata Steel were among the top losers on NSE in today's trade.

RBM Infracon Ltd., Radhika Jeweltech, Lloyds Steels, Banka Bioloo and Chembond Chem, hit their fresh 52-week highs during the day.

​Now coming to Bank Nifty, today Bank Nifty has opened with gap up even above its last two weeks high of 42716 and presently sustaining it. So now if this crosses 43,000 and sustains over there my view will be, targets will be 43200 and 43500.

UltraTech Cem., JSW Steel, Grasim Inds., NTPC and Adani Ent. were among the top losers on NSE.

The NSE Nifty index was trading 125.35 points up at 18153.0

Banka Bioloo, Chembond Chem, Shreeoswal Seeds, Radhika Jeweltech and Lloyds Steels, hit their fresh 52-week highs at 10:30AM.

HDFC Life, Tata Motors, M&M, Adani Ent. and Eicher Motors were among the top losers on NSE.

Sula Vineyards Ltd., Generic Engg, Innovana Thinklabs, Network People Services Technologies Ltd. and Upsurge Seeds of Agriculture Ltd., hit their fresh 52-week highs at 11:27AM.

Adani Ent., M&M, BPCL, Cipla and Eicher Motors were among the top losers on NSE.

Titan Company, Apollo Hospital, Nestle India, ITC and L&T were among the top losers on NSE in today's trade.

The NSE Nifty index closed 98.4 points up at 17956.6

Radhika Jeweltech, Uma Converter Ltd., Archean Chemical Industries Ltd., Kandarp Digi Smart BPO Ltd. and Vardhman Special, hit their fresh 52-week highs during the day.

The NSE Nifty index closed 187.05 points down at 17914.15

The NSE Nifty index closed 187.05 points down at 17914.15

Sky Gold, Schneider, 3P Land Holdings, RKEC Projects and Geekay Wires, hit their fresh 52-week highs during the day.

Adani Ent., Bharti Airtel, Eicher Motors, Adani Ports SEZ and SBI were among the top losers on NSE in today's trade.

Bharti Airtel, Adani Ent., SBI, Eicher Motors and TCS were among the top losers on NSE.

The NSE Nifty index was trading 141.75 points down at 17959.45

3P Land Holdings, RKEC Projects, Geekay Wires, Varanium Cloud Ltd. and Homesfy Realty Ltd., hit their fresh 52-week highs at 10:45AM.

The NSE Nifty index was trading 124.9 points down at 17976.3

Titan Company, Eicher Motors, Bajaj Finserv, HDFC Life and Bajaj Auto were among the top losers on NSE.

Rama Steel Tubes, 3P Land Holdings, Pearl Polymers, Windsor Machine and Kandarp Digi Smart BPO Ltd., hit their fresh 52-week highs at 10:19AM.

The NSE Nifty index was trading 204.0 points up at 18063.45

Analysts say auto demand is recovering from its worst slowdown in decades, and they expect 12-18% volume CAGR for passenger vehicles, two-wheelers, and trucks over FY23-25E. Strong top-line growth with improving margins should fuel double-digit EPS CAGR for most OEMs, the report said.

Eicher Motors, incorporated in the year 1982, is a Large Cap company (having a market cap of Rs 88078.72 Crore) operating in Auto sector.

SBI Life, ICICI Bank, Bharti Airtel, Grasim Inds. and Eicher Motors were among the top losers on NSE in today's trade.

The NSE Nifty index closed 85.7 points down at 18105.3

"The performance of 2022 has been as per the trend observed over the past 10 years. Whenever Sensex provided returns of over 25% in a calendar year, the following year has seen a muted return," said Sunil Sanghai of NovaaOne Capital.

Avro India, Pritika Engineering Components Ltd., Mold Tek Tech, Baheti Recycling Industries Ltd. and Tainwala Chem, hit their fresh 52-week highs during the day.

Avro India, Pritika Engineering Components Ltd., Tainwala Chem, Baheti Recycling Industries Ltd. and Gujarat Pipavav, hit their fresh 52-week highs at 10:56AM.

The NSE Nifty index was trading 45.25 points up at 18236.25

Eicher Motors, SBI Life, IndusInd Bank, HDFC Bank and Asian Paints were among the top losers on NSE.

The NSE Nifty index was trading 49.9 points up at 18240.9