Auto Sector

Domestic sales (M&HCV and LCV) were 16,198 units in the reporting month, a 27% increase from 12,709 units in January 2022.

The central government’s FY24 Budget was growth supportive whilst sticking with a modest glide path for consolidation.

The new KYC PAN norms declared by the Finance Minister will be a win-win situation for both the government and the customers.

The proposed policy reforms and increased capital infusion will provide an impetus to MSMEs and the start-up ecosystem.

The announcement of a new program to promote R&D in the pharmaceutical sector is another welcome move.

Dr Niranjan Hiranandani, National Vice Chairman – NAREDCO and MD- Hiranandani Group

Here are some stocks that may show significant price movement today.

Budget has brought some positivity; US Federal Reserve raises interest rate by 25 basis points.

With the focus on “Green Growth” strategy, the demand for zinc as a metal of sustainability will rise given its varied applications.

Decline in Molnupiravir sales to impact performance