Nifty Auto soars 75% in FY24; what lies ahead for the sector?

In Q3FY24, automotive companies experienced favorable year-on-year volume growth across multiple segments. This increase in volume was further reinforced by improved realisation, attributed to the implementation of premiumisation strategies and enhanced net pricing. Additionally, favorable margin performance was achieved through a beneficial product mix and advantages derived from the easingRead More →

Stocks to buy: Fincalbes and Petronet among top choices, here’s why

Indian stock market: The Nifty has made a notable advance above 22,500, following a sustained movement beyond 22,100. Moreover, there’s a visible consolidation breakout on the daily timeframe, indicating an increase in optimism. However, the Nifty faced initial resistance around its previous swing high of 22,526. Therefore, for a furtherRead More →