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The stocks on Dalal Street is rising as a result of M&M’s focus on electrified and SUV vehicles.
The M&M stock kept a steady pace in intraday trade on July 8, as the market reacted to British International Investment’s strategic investment. In required convertible securities having a maximum market value of $17.7 billion, BII will invest up to Rs 1,925 crore.

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Wipro and Tech Jefferies downgrades six IT stocks due to recession concerns.
JP Morgan analysts had downgraded the Indian IT sector earlier in May, citing growth concerns. Rising margin headwinds in the near term, according to JP Morgan, were one of the key concerns at the time.

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Stocks to watch include HCL Technologies, Star Health, Eureka Forbes, HFCL, Coal India, SBI, Paytm, and Delta Corp.
Indian equity markets are expected to extend losses on Tuesday, Stocks as trends on the SGX Nifty indicated a negative start for India’s broader index, with a loss of 107.50 points or 0.66 percent. In the previous session, benchmark indices ended flat with a negative bias, snapping a three-day winning streak.

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