In autos, Parekh described the sector as being in a consolidation phase, saying it is “just consolidating… between 25,500 to 26,500.” However, she pointed to stock-specific opportunities, noting Hyundai as attractive near Rs 2,900–2,950 support. She added that “Maruti looks quite fine,” while two-wheeler names like Bajaj Auto and Hero MotoCorp “have come to a good support level,” indicating that “the correction has been pretty much done with.”
