Auto tariff relief in the US offers a temporary respite for OEMs, but inflationary pressures persist across sectors. Uncertainty looms, potentially leading to a demand slump, exacerbated by recent guidance cuts from Porsche and pre-buying trends. While domestic auto majors acknowledge a recent slowdown, TVS remains optimistic about two-wheeler growth, contrasting with Maruti’s muted outlook on passenger vehicles.
GRSE, Cochin Shipyard & Mazagon Dock shares rally up to 18% in two days. Here’s what’s triggering the surge
Shares of defence shipbuilders surged despite broader market weakness, with Mazagon Dock rising 18% in two days and Cochin Shipyard gaining 9%. The rally follows