Tata Motors, other auto stocks fall up to 6%. Why the red signal?
- Posted on October 29, 2024
- By Business News Today
- 2 Views
Tata Motors, other auto stocks fall up to 6%. Why the red signal?
The Nifty Auto index was down over 2%, with Bajaj Auto and Hero Moto shares falling around 3% each, while Maruti Suzuki and Mahindra & Mahindra were about 2% lower. Analysts expect the auto index could decline by an additional 10-15% from current levels.