Tata Motors, M&M to Maruti Suzuki: 14 Nifty Auto stocks crack up to 50% from peak. What's behind the slide?
The Indian auto sector faces challenges, with the Nifty Auto index hitting a 52-week low and major stocks like Tata Motors down nearly 50%. Domestic demand is weak, leading to projections of single-digit growth for FY25 as inflation affects consumer purchases.
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