Auto stocks lead the rebound from War lows — Here are factors aiding the recovery
The Nifty Auto index surged nearly 7% on Wednesday, April 8, and is the top gainer among sectoral indices. This is the biggest single-day gain that the index has seen since April 2020. During the US-Iran war, the auto index had declined 17% in the month of March. However, since then, the index has gained…
