In the post-pandemic rebound, shares of major automobile companies are outperforming the benchmark indices as the sector is expecting another month of robust car and commercial vehicle sales. Also, the increasing demand for electric vehicles will further boost the sector. In this article, Shreya Chaware has thrown some light on the key points underpinning the growth of the automobile sector

At 11 am on Tuesday, the core equity indices i.e., Sensex and Nifty 50 were almost trading flat amidst weak global cues.   

All the three US equity indices fell in the range of 2 to 4 per cent on Monday, as major tech companies like Apple, Alphabet, Meta, and others lost almost $1 trillion market share in the last three trading sessions.