Auto sales have been weak recently, especially in the two-wheeler sector, but Maruti could benefit if consumer demand revives. Auto components face uncertainties due to US tariffs, but infra stocks remain promising with robust order books. Moreover, exchange stocks like MCX present attractive long-term opportunities despite potential regulatory risks for IEX.
RBI eases restrictions on cash credit accounts, eases current account norms
The Reserve Bank of India has lifted all restrictions on banks opening and maintaining cash credit accounts, offering greater flexibility for short-term working capital loans.