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.
PB Fintech: Goldman Sachs, Tata Mutual Fund buy stake in Rs 695 crore block deal
PB Fintech shares witnessed block deals worth Rs 695 crore, with Goldman Sachs, mutual funds, and foreign investors acquiring shares from Tencent Cloud Europe, signaling