Dhananjay Sinha of Systematix Group believes the premiumisation trend in the auto sector has peaked due to higher average selling prices and increased credit inflow. He predicts a slowdown in demand for premium vehicles, but sees potential in two-wheelers like Bajaj Auto and Maruti due to income effects from tax breaks and future Pay Commission benefits.
In an unusual pattern, India’s stock gauge moves in sync with volatility index for days
The Nifty 50 Index has fallen 14% from its September peak due to concerns over steep valuations and disappointing corporate earnings. At the same time,
February 27, 2025