“On a relative basis, we prefer the commercial vehicles and the SUV kind of companies and maybe some of the tractor companies. But in general, the auto sector was one sector which we had for the last two years or so. We have been cautious but this year we have turned quite bullish and we still like it from a longer term perspective.”
MCX shares gain 3%, surge 12% in just 5 sessions. What’s behind the sharp rally?
MCX shares rose sharply on Wednesday, extending a five-day rally with total gains of 12%. The surge is driven by rising commodity prices and higher