Saturday, May 29, 2021

Mahindra Mahindra expects car sales to take two years to rebound after COVID shock

Mahindra Mahindra expects car sales to take two years to rebound after COVID shock Battered by the pandemic in 2020 and an economic slowdown in 2019, passenger vehicle sales in India fell to 2.7 million units in the last fiscal year - their lowest level in six years and well below the peak of 3.4 million units in fiscal year 2019.

from Moneycontrol Business News https://ift.tt/3c3WNv5

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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...