Tata Motors, other auto stocks fall up to 6%. Why the red signal?

October 29, 2024

The Nifty Auto index was down over 2%, with Bajaj Auto and Hero Moto shares falling around 3% each, while Maruti Suzuki and Mahindra & Mahindra were about 2% lower. Analysts expect the auto index could decline by an additional 10-15% from current levels.

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