The company is well placed to benefit from any reduction in duty on hybrid vehicles and valuation multiple re-rating from possible listing for Hyundai Motor India.
Nifty is consolidating between 24,500 and 25,200, with 25,000 acting as resistance. Bank Nifty underperforms, potentially falling to 55,000 if it breaks 55,500. Crude oil
Market expert Sunil Subramaniam anticipates continued market volatility in the coming week due to ongoing geopolitical tensions, although potentially less severe than the previous week.
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