Wednesday, November 3, 2021

Maruti Suzuki sales fall; Tata Motors reports 94% rise on Dhanteras

Maruti Suzuki sales fall; Tata Motors reports 94% rise on Dhanteras Automobile dealers’ body FADA on Tuesday termed the current festive season the worst in terms of business in a decade for its retail partners across the country as chip shortage impacted supplies in passenger vehicles creating a huge shortage of vehicles in SUV, compact – SUV and luxury segment.

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US equities end lower as valuation concerns creep in

U.S. stocks closed lower on Wednesday as investors took profits amid concerns about high valuations flagged by Fed Chair Powell. The market ...