Auto sector mutual funds have surged 10.49% in three months, second only to international funds. Experts attribute the rally to rising incomes, GST relief, festive demand, and EV launches, but caution that high valuations may warrant selective profit booking and a long-term investment view.
Big-ticket investments to take off on steady demand: SBI Chairman CS Setty
State Bank of India chairman CS Setty anticipates corporate investment will resume as consumption stabilizes. The bank projects India’s economy to grow over 7.5% in