Thursday, August 25, 2022

Auto sector earnings upgraded as headwinds recede; what should you buy?

Auto sector earnings upgraded as headwinds recede; what should you buy? Semiconductor supplies have returned to normal and prices of key raw materials like metals are off 30-40 percent from their recent highs, relieving margin pressure on auto companies.

from Moneycontrol Market Outlook https://ift.tt/zM8Thtd

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RBI holds repo rate, flags supply chain risks to inflation & growth

The Reserve Bank of India maintained its key policy rate at 5.25% due to ongoing West Asia tensions, warning of supply chain disruptions imp...