India's Nifty Auto Index Rises 1.2%
Story updates
03:51:09 AM UTC
SquawkNews
Shares of Indian automakers rose on Monday after strong October sales underscored resilient festive demand, with analysts favouring two-wheeler and commercial vehicle makers as rising input costs pressure passenger-vehicle manufacturers.The Nifty Auto index NSE:CNXAUTO rose 1.2% as of 9:17 a.m. IST…