India Auto Stocks Lead Benchmarks to Two-Month Highs on Trade & Fed Hopes
Indian equities hit two-month highs, with auto stocks driving gains in recent sessions. Companies like Mahindra & Mahindra, TVS Motor and Hyundai Motor India outperformed after GST cuts and positive sentiment around trade talks with the U.S. Lifted by hopes of U.S. rate cuts, Nifty and Sensex closed higher. Energy sector also saw strength. Some selling pressure in sectors like FMCG dampened broader gains. Investors expect auto names to benefit if festive demand holds up and input costs remain stable.
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29 days ago
India Auto Stocks Lead Benchmarks to Two-Month Highs on Trade & Fed Hopes
Indian equities hit two-month highs, with auto stocks driving gains in recent sessions. Companies like Mahindra & Mahindra, TVS Motor and Hyundai Motor India outperformed after GST cuts and positive sentiment around trade talks with the U.S. Lifted by hopes of U.S. rate cuts, Nifty and Sensex closed higher. Energy sector also saw strength. Some selling pressure in sectors like FMCG dampened broader gains. Investors expect auto names to benefit if festive demand holds up and input costs remain stable.
positive
India Auto Stocks Lead Benchmarks to Two-Month Highs on Trade & Fed Hopes
30 days ago
1 min read
80 words
Auto sector outperforms, pushing Indian indices to multi-week highs; trade optimism and rate cut hopes offer tailwinds.
Indian equities hit two-month highs, with auto stocks driving gains in recent sessions. Companies like Mahindra & Mahindra, TVS Motor and Hyundai Motor India outperformed after GST cuts and positive sentiment around trade talks with the U.S. Lifted by hopes of U.S. rate cuts, Nifty and Sensex closed higher. Energy sector also saw strength. Some selling pressure in sectors like FMCG dampened broader gains. Investors expect auto names to benefit if festive demand holds up and input costs remain stable.
Indian equities hit two-month highs, with auto stocks driving gains in recent sessions. Companies like Mahindra & Mahindra, TVS Motor and Hyundai Motor India outperformed after GST cuts and positive sentiment around trade talks with the U.S. Lifted by hopes of U.S. rate cuts, Nifty and Sensex closed higher. Energy sector also saw strength. Some selling pressure in sectors like FMCG dampened broader gains. Investors expect auto names to benefit if festive demand holds up and input costs remain stable.