Auto stocks rallied up to 6% on Monday ahead of the key GST council meeting. Despite weak August sales, gains in Bajaj Auto, M&M, Tata Motors, and Eicher Motors lifted the Nifty Auto index by 2.8%.
PSU bank stocks soar up to 8%, but HDFC, Axis and other private lenders fall up to 5% after Q2 results. Why the sharp divide?
PSU bank stocks surged up to 8% on Monday, led by Punjab National Bank after its Q2FY27 earnings beat estimates. In contrast, private lenders such