Maruti, Eicher Motors: Can auto stocks sustain the rally? Chart check here

Quick Summary:

Technical charts show the Nifty Auto index can potentially rally another 10% to 26,180 levels; while select stocks such as M&M, Tata Motors and Ashok Leyland can surge up to 15%.

Home / Markets / News / Maruti, Eicher Motors: Can auto stocks sustain the rally?

On Thursday, the Nifty Auto index was the top gainer, up over 2 per cent while the NSE benchmark Nifty 50 index jumped 1.3 per cent.  Among individual shares Eicher Motors hit a new all-time high, and surged up to 7 per cent.

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Category: BusinessFinance

Markets: India

Topics: Stocks in focus Stocks at new highs Ashok leyland stock price Stocks to buy Ashok leyland share price Nifty auto index Trading strategies Auto stocks Eicher motors share price Maruti stock price Stock recommendations Maruti share price Tata motors stock price New year stock picks Stock recommendations Stocks to watch Eicher motors stock price Stock tips Tata motors share price

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-02 @ 14:05:34 (6 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 824 words

Reading Time: 5 minutes read

Sentences: 29 lines

Sentence Length: 29 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 24814583

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