Monday, May 31, 2021

Auto sales in May might have been hit by lockdown, double-digit decline seen across segments

Auto sales in May might have been hit by lockdown, double-digit decline seen across segments Experts largely look confident about a recovery in automobile sales from the second quarter of FY22 onwards, as restrictions are likely to be lifted. One brokerage sees a strong cyclical upturn that will last at least three years.

from Moneycontrol Business News https://ift.tt/3p44VBf

No comments:

Post a Comment

Short-term volatility may persist, but FII flows and economic activity to keep sentiment positive: Vikas Khemani

Vikas Khemani of Carnelian Asset Management remains optimistic about Indian markets, citing a strong domestic growth story and the resolutio...