Nifty Auto stocks lose nearly  ₹6 lakh crore in market cap amid recent selloff | Stock Market News

Nifty Auto stocks lose nearly ₹6 lakh crore in market cap amid recent selloff | Stock Market News

Source: Live Mint Indian auto stocks have been among the biggest casualties of the recent market sell-off. A combination of factors, including weak demand from urban consumers, rising inventory levels, a drop in UV sales, ongoing weakness in the entry-level car segments and a cautious outlook for FY25 from car manufacturers, has shaken investor confidence….

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