Nifty Auto Index at Record- Know The Factors At Play For The Up Move In Sector

Nifty Auto index has gained 13% since the start of this year till now and managed to move above its record level of year 2017. The sector leaders helped in this up move wherein M&M is up 40% YTD, TVS Motors up 39%, Bajaj Auto up 20% and Stocks of Ashok Leyland and Maruti Suzuki also helping in the up move and gaining 18% on YTD basis. What factors are driving the rally in Auto Index and what’s the way ahead for Auto Industry, Srishti Sharma get you the 360-degree analysis of Auto Sector and what’s is the expectation from Q1FY23 Results.

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