This is the first decline since June this year when car sales declined by 11%.
Maruti Suzuki is the big exception, with double-digit surge in volume
Take out Maruti Suzuki and Honda, and the auto sector's prospects suddenly don't look all that rosy.
Auto companies are now grappling with a slowdown in sales, triggered by pent up demand due to the COVID-led lockdown easing a bit and supply-side issues for raw material.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' stock market queries. Ajit will offer his unbiased views on a weekly basis
Experts feel select companies in banking, automobiles, financial services & real estate will gain from lower interest rates
December is a month of high retail sales for cars, as companies and dealers push stocks to clear inventories
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' stock market queries. Ajit will offer his unbiased views on a weekly basis
Cricket still leads when it comes to sponsorship, but other sports are bridging the gap at a fast clip, says Urvi Malvania.
Investors accumulated quality stocks at valuable and attractive levels.
Hemant Shivsaran lists the number of projects the Modi government has announced since August to woo Gujarat voters.
Prime Minister Narendra Modi said India and the United Kingdom are economically made for each other.
Increase in taxes on luxury cars will not have any effect on the demand
