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Indian markets rose on Nov. 3 as auto sales surged during festivals, boosting Maruti, Tata Motors, and Hyundai.
Indian markets dipped slightly on October 31, but on November 3, key stocks drew attention amid strong auto sales driven by festive demand, with Maruti Suzuki, Tata Motors, and Hyundai reporting gains.
BPCL posted a 5% rise in Q2 profit, HUL faces a tax notice it will contest, while Tata Chemicals saw a 60% profit drop.
Titagarh Rail won a Rs 2,481 crore metro contract, NCC secured Rs 1,663 crore in orders, and Zen Technologies and Astra Microwave received defense contracts.
Investors await major Q2 earnings from SBI, Adani Enterprises, Adani Ports, Mahindra & Mahindra, and IndiGo.
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Los mercados indios subieron el 3 de noviembre a medida que las ventas de automóviles aumentaron durante los festivales, impulsando a Maruti, Tata Motors y Hyundai.