First to indicate whether the economy is good or bad, ignore the noise about politics because it’s strong: 6 Auto Stocks Up to 34% Upside Potential


Unlike the US and some other western countries, which have a separate transport code, which also has a component of logistic companies and is very closely monitored, in India we do not have a very popular transport code. The reason traffic index numbers are so important is because there is enough historical evidence to show that auto industry numbers are leading indicators of what is happening in the economy. That’s why, if you look at the history of the stock market, rallies by the transportation and auto sector are the longest-lasting rallies. Especially large commercial vehicles are guided vehicles. As more goods are moved from one place to another when the economy is good, the demand for large commercial vehicles only increases when there is high economic growth. At this stage and in the near future there will be rumblings of political instability, but it is better to ignore them.

It is a well-known fact that on the day of the results, FMCG stocks performed well, but one sector was a clear performer and the subsequent recovery was swift. It’s auto stocks and that too is selective. If you look at the old big companies from the auto sector, after a phase of being under active for some time, most of them have caught up in the business in the last six months. During the evaluations

Membership benefits

Access the exclusive Economic Times

Stories, editorial & expert opinion

Complete access with ET Prime

Enjoy your Economic Times newspaper, the way you always wanted!

Learn where market gurus invest and grow your portfolio.

Stock report plus

In-depth stock analysis for 4000+ companies

Stock Analyzer

Instant stock analysis based on solvency, profitability, growth, valuation, momentum, risk and more.

Now available with ET Prime

Manage your money efficiently with this weekly guide.

Pure experience

With minimal ads

Easy & distraction-free reading with 90% fewer ads

Full of sharp intelligence,

In-depth stories across 20+ disciplines

1500+ exclusive stories and more to help keep you informed in all fields

Get free one-year Prime subscription worth ₹1199

Get 1 year free subscription of TOI+ worth Rs.799/-

Enjoy unlimited access to breaking news and thought-provoking stories from around the world.

Get free one-year Docubay subscription worth ₹999

Stream award-winning international documentaries from over 100 countries.

Offers from our partners

ET Prime members only

Members love us

Industry figures trust ET Prime for insightful analysis and unbiased thinking areas

Give the gift of a story

Your membership also includes Story Gifting credits. Now gift exclusive stories to your friends and colleagues.

A reliable team

Journalists & Analysts

Unbiased perspective and comprehensive reporting from our team of journalists with deep knowledge and years of experience

Dodaj komentarz

Twój adres e-mail nie zostanie opublikowany. Wymagane pola są oznaczone *