Mumbai, April 22 -- Moving in tandem with the trends on the bourses, stocks of tyre companies recovered in the period of February 25, 2019 to April 12, 2019. During the period, the BSE Sensex gained over 7%, while the stocks of tyre companies increased in the range from 1% to 9%.

In February, investors remained concerned over increasing oil prices as Saudi Arabia announced further cuts in oil production. Adding to this, terrorist attacks on armed forces in Kashmir hurt the market sentiments. At the end, the BSE Sensex was down 1.07% in February.

In the month, Goods and Services Tax (GST) collections dropped below the Rs1,000 billion mark to Rs 972.47 billion as against Rs 1,020 billion in the previous month. Foreign Portfolio Investors ...