scorecardresearchNifty Auto outperforms Nifty; Should you remain invested or sell auto stocks?

Nifty Auto outperforms Nifty; Should you remain invested or sell auto stocks?

Updated: 06 Jun 2022, 02:59 PM IST
TL;DR.
  • After underperformance for many years, auto shares come back quite strongly. The timely arrival of the monsoon and the latest move by the government to reduce steel prices are positive for the auto stocks.
Auto stocks are very sensitive to rate hikes and the economic growth of the country. Photo: Reuters.

Auto stocks are very sensitive to rate hikes and the economic growth of the country. Photo: Reuters.