Weekly Musings – Index performance for week ended May 24, 2024
Almost all the key sectors ended the week in the positive, but the markets are surely defying logic
Source: indiainfoline.com
Auto Index News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Auto Index. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Auto Index Today - Breaking & Trending Today
Weekly Musings – Index performance for week ended May 17, 2024
Oil & gas and autos were the stars of the week, even as banks mirrored the Nifty and Sensex gains
Source: indiainfoline.com
Elections impact: New sectors to take GDP trajectory higher; a large part of allocations should be in midcaps: Harendra Kumar
Harendra Kumar anticipates GDP growth over the next five to ten years to come from sectors that traditionally never existed in India. For example, EMS players are doing really well. A huge semiconductor ecosystem is going to come. We are going to see a listing of EV players. Midcaps show greater growth potential. Auto sector expected to yield big returns.
Source: indiatimes.com
Nifty Auto soars 75% in FY24; what lies ahead for the sector?
Nifty Auto surged 75% in FY24. Will FY25 follow a similar trend? Between passenger vehicles (PVs), commercial vehicles (CVs), and two-wheelers (2W), which segment will lead? Here's what experts believe.
Source: livemint.com
Ashok Leyland share price: Technical Stock Pick: Ashok Leyland looking weak; time to sell?
Ashok Leyland Ltd, a company in the automobile space, has fallen over 10% from its August 2023 high. Chart patterns suggest further weakness. Short-to-medium-term traders can sell the stock for a target around 150 levels in the next 1-2 months. The stock closed at Rs 170.25 on 24 January 2024, down more than 10%. Short-term indicators indicate a bearish bias. If the auto index faces resistance, Ashok Leyland stock price could face additional pressure.
Source: indiatimes.com