Hero MotoCorp launched two new products in the market. The company launched 100cc Splendor Pro Classic, which has a cafe racer styling, priced at Rs. 48,650 (ex-showroom Delhi) and another 100cc on-road-off-road bike Passion Pro TR at Rs. 51,550 (ex-showroom Delhi).
BEML Limited has bagged Rs. 570 crore order from Delhi Metro Rail Corporation (DMRC) for the supply of 70 cars which are in addition to 92 cars being manufactured for Delhi Metro.
Amid mixed trend in index components, key benchmark indices registered small losses. Benchmark indices witnessed high volatility in late trade. BSE Sensex and CNX Nifty recovered soon after hitting their lowest level in more than seven weeks in mid-afternoon trade. Crude oil prices slumped which augurs well for India. Meanwhile, tension continues on the Indo-Pak border. The market breadth indicating the overall health of the market was negative.