Page 5 - Nifty Auto Index
TVS Motor, Bajaj-Auto: Auto index hits record high, may rise up to 5%
Selective automobile stocks may soar up to 15%, show charts
 "TVS Motor, Bajaj-Auto: Auto index hits record high, may rise up to 5%")
Nifty FMCG, Auto indices likely to underperform in near-term, show charts
The Nifty Auto index is expected to underperform in the near future, and the current rally provides an opportune moment to sell the index and its constituents
 "Nifty FMCG, Auto indices likely to underperform in near-term, show charts")
Charts hint near-term correction for Nifty FMCG, sell-on-rise approach apt
It is recommended that traders adopt a cautious approach while trading in Nifty FMCG index, given the overextended market conditions and the likelihood of a correction in the near term, said analyst
 "Charts hint near-term correction for Nifty FMCG, sell-on-rise approach apt")
Price hikes to favor Hero Moto's Q4 revenues; margins may expand: Analysts
At the bourses, shares of Hero MotoCorp have declined over 8 per cent so far this calendar year (CY23), as against 0.8 per cent rise in the S&P BSE Sensex
 "Price hikes to favor Hero Moto's Q4 revenues; margins may expand: Analysts")
Weak export mix, volume may hit Bajaj Auto Q4 revenue QoQ: Analysts
Bajaj Auto Q4 preview: Analysts estimate flat input cost assumption, and lower operating leverage will weigh on EBITDA and EBITDA margins in Q4FY23
 "Weak export mix, volume may hit Bajaj Auto Q4 revenue QoQ: Analysts")
Charts signal Nifty Auto index to bounce back in near-term: Ravi Nathani
According to the technical analyst, charts suggest rapid technical bounce for the Nifty Auto index, wherein traders can anticipate a price recovery
 "Charts signal Nifty Auto index to bounce back in near-term: Ravi Nathani")
Ravi Nathani recommends placing bearish trading bets on Nifty Metal index
According to the technical analyst, the Nifty FMCG index is gyrating in a 1,000-point range, a breakout from the same could trigger a fresh trend.
 "Ravi Nathani recommends placing bearish trading bets on Nifty Metal index")
Weak volumes may contract Bajaj Auto's Q3 revenues up to 13% QoQ: Analysts
Bajaj Auto Q3 preview: As per brokerage estimates, the auto major is expected to report marginal improvement in EBITDA margins on a sequential basis to 17.4 per cent in Q3FY23
 "Weak volumes may contract Bajaj Auto's Q3 revenues up to 13% QoQ: Analysts")
Ravi Nathani is bullish on auto shares; bearish on metals, PSU banks
According to the technical analyst, the Nifty Auto index can rally to 13,050 - 13,160 levels.
 "Ravi Nathani is bullish on auto shares; bearish on metals, PSU banks")
Bears likely to get stronger below 17,960 on the Nifty, says Ravi Nathani
On the upside, the technical analyst sees 18,336 as the key resistance for the Nifty 50.
Maruti Suzuki surges 8% in 2 days; stock nears record high on strong Q2FY23
The stock of automobiles major traded close to its record high level of Rs 10,000, which it had touched on December 20, 2017
 "Maruti Suzuki surges 8% in 2 days; stock nears record high on strong Q2FY23")
These three sectors may sparkle if markets revive sooner-than-expected
While the Nifty Auto and FMCG indices are expected to rise 4%, the Nifty Health Care index may emerge as the dark horse
 "These three sectors may sparkle if markets revive sooner-than-expected")
BSE Auto hits 7-month high; Maruti, Hero Moto rally up to 13% in one week
Hero MotoCorp, Maruti Suzuki, M&M, Bosch and TVS Motor gain up to 13% in a week
 "BSE Auto hits 7-month high; Maruti, Hero Moto rally up to 13% in one week")
Nifty auto index surges 7% in biggest weekly advance in 17 months
The latest gain comes on the back of easing commodity prices and supply chain issues
 "Nifty auto index surges 7% in biggest weekly advance in 17 months")
Nifty Auto tests 200-DMA; TaMo, Maruti can rally up to 11%, charts show
The Nifty Auto index is slowly inching towards 200-DMA; above which the index can gain up to 4 per cent.
Auto stocks eyeing breakout; Tata Motors, Bajaj Auto can soar up to 10%
The Nifty Auto index and the key stocks are trading near significant resistance levels while exhibiting sideways movement, upside breakout could see significant long additions.
Inflation woes! Rate sensitive indices slump 5%; 18 stocks hit 52-week lows
Nifty Auto, Nifty Realty, Nifty Bank, Nifty Private Bank, Nifty PSU Bank and Nifty Financial Services indices were down in the range of 4 per cent to 5 per cent on the NSE.
 "Inflation woes! Rate sensitive indices slump 5%; 18 stocks hit 52-week lows")
War fallout! M&M, TaMo, Ashok Leyland can fall up to 12% on chip shortage
The Nifty Auto index has broken key support levels, and looks weak on the weekly charts indicating a downside of 5 per cent.
 "War fallout! M&M, TaMo, Ashok Leyland can fall up to 12% on chip shortage")
Auto shares to shift gears soon: Bajaj Auto, Tata Motors can rally up to 9%
The Nifty Auto index can rally towards the 12,500-mark on a breakout above 11,900-level; base support seen around the 11,000-mark.
 "Auto shares to shift gears soon: Bajaj Auto, Tata Motors can rally up to 9%")
Auto shares: Tepid Nov sales may put M&M, Maruti, TaMo in accumulation mode
Stocks bearing breakout on moving averages, price strength and technical indicators are ready to see steady upside of up to 9 per cent
