Auto Stocks Outlook For The Week - 10 To 14.09.2018
Stocks of automobile companies are expected to rise next week because we expect a boost in demand during the upcoming festival season. Nifty Auto may also take cues from the benchmark indices on the back of any impact due to the trade war between the US and China, and movement of the rupee against the dollar. Automobile companies released their sales figures for the month of August this week, where the commercial vehicle segment reported the strongest numbers, followed by two-wheelers and then passenger vehicles. Going forward, as we enter the seasonally strong sales season for two-wheeler and car sales with companies building in inventory ahead of the festive season, we believe the absolute volume will be higher compared to August and expect improvement in the overall growth rate for cars and two-wheeler original equipment manufacturers.
Source : Cogencis Information Services Ltd.
Free Stock Options :Register To Get 2 days Trial Tips
Equity Cash/Futures/Options Segment
Register for Daily Rs 2000/- Profit in Stock Options
Click Here : Free Nifty Intraday Chart Live
Today Nifty Stocks Support and Resistance Level
Today Free Nifty Option Tips
Today Free Banknifty Option Tips
Today Free Stock Option Tips
This Week - Weekly Sector Report
Live Hourly Stock and Nifty Trend
Click Here : Free Nifty Intraday Chart Live
Today Nifty Stocks Support and Resistance Level
Today Free Nifty Option Tips
Today Free Banknifty Option Tips
Today Free Stock Option Tips
This Week - Weekly Sector Report
Live Hourly Stock and Nifty Trend
Stocks of automobile companies are expected to rise next week because we expect a boost in demand during the upcoming festival season. Nifty Auto may also take cues from the benchmark indices on the back of any impact due to the trade war between the US and China, and movement of the rupee against the dollar. Automobile companies released their sales figures for the month of August this week, where the commercial vehicle segment reported the strongest numbers, followed by two-wheelers and then passenger vehicles. Going forward, as we enter the seasonally strong sales season for two-wheeler and car sales with companies building in inventory ahead of the festive season, we believe the absolute volume will be higher compared to August and expect improvement in the overall growth rate for cars and two-wheeler original equipment manufacturers.
Source : Cogencis Information Services Ltd.
Free Stock Options :Register To Get 2 days Trial Tips
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040
