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.
Nifty may hit 24,060 before recovery, IT breakout imminent: Geojit’s Anand James
Despite Friday’s recovery attempt, technical charts are painting a cautious picture for Nifty in the coming week. Anand James, Chief Market Strategist at Geojit Investments
June 15, 2025