Auto stocks in focus after May sales data; Biz remain healthy; Morgan Stanley prefers Maruti, M&M, TVS, Hero – Markets
Auto stocks in focus: India’s automobile retail momentum remained firm in May 2026 across most segments, with passenger vehicles (PVs), two-wheelers (2Ws), light commercial vehicles (LCVs) and tractors registering healthy year-on-year growth, Morgan Stanley noted. The brokerage has reiterated its preference for Maruti Suzuki, Mahindra & Mahindra, TVS Motor and Hero MotoCorp as its top…
