Auto Stocks Rise on Strong Sales Data Expectations and Industrial Production Boost
2 hours agoBusiness
45LENS
1 SourcesIndia
TBNthebalanced.news
Auto Stocks Rise on Strong Sales Data Expectations and Industrial Production Boost

Maruti Suzuki shares reached a new lifetime high, contributing to a rise in auto stocks as investors anticipate strong December sales data. Analysts predict double-digit growth driven by factors like lower GST, new products, and improved affordability. Strong industrial production numbers and potential export growth also fueled optimism. The upcoming sales figures are seen as an indicator of economic consumption trends.

Political Bias
33%34%33%
Sentiment
72%