Motilal Oswal Financial Services Limited

1) The housing finance lender HDFC said that the month of September had seen the strongest recovery since the outbreak of the pandemic.2) TATA Motors - Tata Motors climbed up 8% to Rs144 amid hefty volumes of 9.7cr shares traded on NSE after the company announced strong growth its JLR sales volume on QoQ and positive free cash flow. The company says JLR’s cash and short-term deposits rose by 300 million pounds to about 3 billion pounds, primarily reflecting positive free cash flow for the three-month period. The company says its performance in China, the first region to come out of lockdown, has been incredibly encouraging.Mahindra & Mahindra- The company has informed the exchanges that booking for its latest SUV, 'Thar' has crossed 9,000, since its launch on October 2. #MOMArketUpdates #MotilalOswal #Indianstockmarket #nifty #sensex #TATAMotors #Mahindra #Thar #JLR

HAAH Automotive Holdings Inc., a US automobile distributor, has offered to invest 300 billion won ($258 million) in Ssangyong Motor Co. as part of its bid to take a significant stake in the South Korean automaker, according to sources in the investment banking industry. Expect positive for M&M. #MOMarketUpdates #MotilalOswal #IndianStockMarket #NSE #BSE #Mahindra