Total sales volumes remained largely flat at 1,80,683 units (-0.6% YoY, +0.1% MoM), as domestic weakness continued to weigh on overall growth, partly offset by resilient exports and steady LCV demand.

Asian Markets are trading mostly higher as investors assessed the Shanghai Cooperation Organisation meeting of leaders in Tianjin, with tariff uncertainty weighing on sentiment. The Nikkei is trading up by 0.33%, while the Hang Seng is trading down by 0.11%

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END OF DAY SUMMARY

Banking sector (non-food) credit growth remains muted in July'25 at ~0.1% MoM (9.9% YoY) vs ~1.1% MoM (9.3% YoY) in June'25. The latest sectoral deployment data showed that credit growth is muted in agri, industry and services sectors, Agri loans (yoy) growth was 7.3% in July'25 vs 6.8% in June'25. Loans to industries yoy growth increased to 6.1% in July'25 vs 5.5% in June'25. Services sector growth increased to 11.1% vs 9.0% YoY in June'25. Growth in loans to NBFCs moderated to 2.6% YoY in July'25 vs 2.6% YoY in June'25. However, loan to retail segment slightly moderated to ~11.4% YoY in July'25 vs 12.1% in June'25. Unsecured loan portfolio...

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