Nifty Auto slips 2% in early trade despite strong August sales
Auto stocks sold off in early trade on September 2. The Nifty Auto index fell to 27,912.35 around 9:23, despite broadly strong August sales and positive brokerage demand commentary.
Auto stocks came under sharp selling pressure in early trade on September 2, with the Nifty Auto index falling more than 2 percent despite broadly strong August sales reported by automakers and positive demand commentary from brokerages.The Nifty Auto was down 2.03 percent at 27,912.35 around 9:23…