Indian shares set to open higher; auto stocks in focus
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 02 2024
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Should l Buy ?
Source: Reuters
Indian Stock Market Performance: Indian shares are expected to open at record highs, driven by strong economic growth of 6.7% in the April-June quarter, despite a slowdown, and an ongoing rally in the Nifty index.
Focus on Auto Stocks: Investors are particularly attentive to auto stocks following mixed sales reports, with Tata Motors and Maruti Suzuki experiencing declines, while TVS Motor and Hero MotoCorp reported increases in domestic sales.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
