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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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.
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.
