I feel that what happened in the budget also, so that will also help the auto companies going ahead. So, there is fear that duty cut will happen, there will be competition coming in from outside India, that may happen.
HFCL shares rally 22% in just 5 sessions. Here’s what technical charts indicate
HFCL shares jumped on Tuesday, extending their winning streak to a fifth straight session with gains of over 22% during this period. Technical analyst Ruchit