Early Diwali for Dalal Street: How tax cuts are turbocharging India’s auto stocks
India’s auto sector is displaying all the signs of a classic bull market. Against a 9% jump in the Nifty Consumption index and a 6% rise in the benchmark Nifty this year so far, the auto index has vaulted nearly 18%. But there are risks.
India’s auto sector is displaying all the signs of a classic bull market. Against a 9% jump in the Nifty Consumption index and a 6% rise in the benchmark Nifty this year so far, the auto index has vaulted nearly 18%. But there are risks.
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