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3 May 2016
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Indian markets are expected to open higher. Today Auto stocks are likely to be in news as Maruti Suzuki reported a strong start to the new financial year with good sales numbers.
Maruti: Maruti's April sales grew more than 16 per cent to 1,17,045 units in the domestic market,
Hero MotoCorp: Demand in the two-wheeler industry held good in April with market leader Hero MotoCorp reporting third consecutive month of double-digit growth at 15 per cent to 6,12,739 units.
M&M: India's largest tractor company posted 22 per cent growth in sales in April compared with the same period last year at over 20,704 units. M&M's passenger vehicles sales grew 16 per cent to 22,655 units.
Tata Motors: Tata Motors reported 9.9 per cent growth in April sales at 39,763 units compared with 36,190 units reported for the same month last year.