Hello, you have tuned into ETMarkets Investors’ Guide, a show about asset classes, investment ideas and market trends. I am Nikhil Agarwal.
With a jump of almost 7 per cent, Nifty Auto was the top sectoral gainer last week. Hero MotoCorp, Eicher Motors, Maruti Suzuki, Mahindra and Mahindra were the top gainers in the pack rallying in between 7-11 per cent.
In today’s special podcast with independent market expert Rajiv Nagpal, lets try to decode the key triggers behind the rally and whether investors should ride the momentum in auto stocks.
Welcome to the show Mr Nagpal.
1) How bullish are you on auto stocks given the softness seen in metal prices?
2) Do you think that the rally in auto stocks seen last week is sustainable this week as well? How about valuations?
3) On the demand side, should one wait to see the monthly sale numbers or do you think there are enough indications of a pickup in demand?
Thank you Mr Nagpal. That’s all in today’s special podcast. But do keep checking this space for more such interesting content. Good bye!