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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ITC, Godfrey Phillips shares crack up to 8% on New Year’s Day. What’s the bad news?

Tobacco stocks like ITC and Godfrey Phillips saw significant drops on Thursday. This follows the finance ministry's notification of an a...