Sensex opens in red, falls 246 points amid global market uncertainty
The negative opening of the Sensex mirrors the growing concerns among investors over global economic uncertainties.
Stay updated with the latest news and articles about Tata Motors.
The negative opening of the Sensex mirrors the growing concerns among investors over global economic uncertainties.
Tata Motors was the hardest hit among the stocks, with shares plunging more than 7%. Oil & Natural Gas Corporation (ONGC) and Adani Ports & Special Economic Zone also saw substantial declines, contributing to the overall market slump.
In an exchange filing, Tata Motors projected that domestic demand will experience gradual growth due to continued infrastructure investments, healthy monsoons, and positive macroeconomic conditions.
Hybrid vehicles, with their dual combustion engine and electric motors, occupy a curious space in the automotive world. They offer significant fuel efficiency and emissions reductions compared to traditional gasoline cars but still fall short of the zero-emissions nirvana promised by electric vehicles (EVs).