Run-up in auto stocks continues for yet another session, Morgan Stanley bullish on these five - Moneycontrol


6/24/2022 12:00:00 AM2 years 10 months ago
by Sunil Shankar Matkar

The Nifty Auto index has gained 20 percent since its March lows, turning out to be the biggest gainer among all sectors, pricing in expected benefits of falling commodity prices, especially steel and aluminium, the key material for making vehicles, resulting …

Auto stocks extended gains for yet another session on June 24, with the Nifty Auto index rising 2 percent as most shares witnessed a long build-up given the stability in metal prices that had raised … [+2980 chars]

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