Auto stocks rise 25% in a year - what is driving the gains and what should investors do?
Auto stocks have seen significant gains in the past year, with the Nifty Auto index rising 25 per cent. Factors such as pent-up demand, economic recovery, and the easing of chip shortages have contributed to the rise.
The last one year's gains in many auto stocks have made investors significantly rich. The Nifty Auto index has gained about 25 per cent in the last one year with some of its components such as Tube Investments of India surging as much as 62 per cent. Equity benchmark Nifty50 has gained 21 per cent in the same period
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