Ticker
Nifty Auto
Ticker
What is Nifty Auto?
The Nifty Auto Index is designed to reflect the behavior and performance of the Automobiles sector which includes manufacturers of cars & motorcycles, heavy vehicles, auto ancillaries, tyres, etc. The Nifty Auto Index comprises of 15 stocks that are listed on the National Stock Exchange.
Things to consider when investing in automotive industry stocks The auto industry is cyclical: The Auto sector tends to do well only in times of economic growth, as customers are more likely to buy vehicles in times of economic upswings. Invest with a margin of safety: Since it is a highly cyclical industry, investors should look at purchasing stocks with a decent margin of safety, to protect them from the downside.
Nifty Auto
Thank you