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In absolute terms, Bank Nifty posts biggest weekly gains in 10 years. The Sensex was up 39.49 points at 24646.48, and the Nifty was up 9.75 points at 7485.35. About 1516 shares have advanced, 1087 shares declined, and 145 shares are unchanged. 

 

BHEL, SBI, Coal India, Tata Motors and Cipla were top gainers while Sun Pharma, Wipro, Maruti, L&T and Reliance were losers in the Sensex.

Nifty Bank recovered more than 300 points from day's low as all banks stocks were in green. SBI (up over 3 percent) and HDFC Bank (up over 1 percent) rebounded. ICICI Bank extended upside, rising 2.5 percent.

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Tata Motors expects CV sales to grow 25% this fiscal

Tata Motors is hopeful of closing this financial year with a 25 percent growth in commercial vehicle sales and continuing the run next year as well on replacement demand to meet new emission norms and a pick-up in the economy.

The company expects to close the hybrid bus order from BMC "any day now", having already signed an agreement with the authorities.

Tata Motors (D) stock price: On March 04, 2016, at 10:03 hrs Tata Motors (DVR) was quoting at Rs 249.85, up Rs 3.00, or 1.22 percent. The 52-week high of the share was Rs 371.14 and the 52-week low was Rs 201.00.  

The company's trailing 12-month (TTM) EPS was at Rs per share as per the quarter ended March 2016. The stock's price-to-earnings (P/E) ratio was 0. The latest book value of the company is Rs per share. At current value, the price-to-book value of the company is 0.00.

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Nifty hits 7500 at opening, Sensex firm; ICICI, BHEL gainers

 

After a bumper rally, the market has opened on a strong note Friday. The Sensex is up 71.36 points or 0.3 percent at 24678.35, and the Nifty up 29.80 points or 0.4 percent at 7505.40. About 385 shares have advanced, 110 shares declined, and 30 shares are unchanged.

ICICI Bank, Tata Motors, ONGC, L&T and BHEL are top gainers in the Sensex while GAIL, Adani Ports, Sun Pharma, Maruti and Hero are major losers. 

The Indian rupee gained further in the early trade . It opened higher by 11 paise at 67.23 per dollar versus previous close 67.34.

Aurobindo Pharma, Bharti Infratel, Tata Motors DVR rally after Nifty50 inclusion

The stocks that are going to enter the Nifty50 index are Aurobindo Pharma, Bharti Infratel,  Eicher Motors, and Tata Motors DVR. All the stocks are trading higher on BSE.

Aurobindo Pharma rallied 1.3%  to Rs.663.15 on BSE. The current market cap of the company is Rs. 38293.98 crore.

Bharti Infratel 1.6% to Rs.381.45. The current market cap of the company is Rs. 71200.88 crore.

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Eicher Motors trading flat 0.4% to Rs.19,000. The current market cap of the company is Rs. 51408.24 crore.

Tata Motors DVR jumped 3.4% to Rs.249.65 on BSE.  Tata Motors is already a constituent of the Nifty50 index with its regular equity shares. Tata Motors' DVR shares got listed in November 2008.  The current market cap of the company is Rs. 12279.71 crore.

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