Racing Ahead! Nifty Auto hits record high, crosses 14,500 mark for first time
“Auto is making new highs as volumes are improving every month, commodity inflation is behind, and production issues are getting resolved. It only helped that Auto Index was among the worst performing indexes in FY22 and hence bounce back was also with a vengeance in FY23,” Kashyap Javeri, Fund Manager, Emkay Investment Managers, said.
