scorecardresearchAugust auto sales see a healthy rise but the shares rally shows may be its not the time to buy stocks

August auto sales see a healthy rise but the shares rally shows may be its not the time to buy stocks

Updated: 02 Sep 2022, 02:27 PM IST
TL;DR.
  • Investors remained upbeat on the auto stocks in August as the sectoral index Nifty Auto rose 5.37% compared to a 3.50% gain in benchmark Nifty.
The domestic PV segment rose 43% YoY with retail demand stable.

The domestic PV segment rose 43% YoY with retail demand stable.