Lower fuel costs and market rallies are boosting the auto and financial services sectors in India, benefiting companies like Maruti Suzuki and Axis Bank.
1 report, 1 independent
Updated Jun 1
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What happened
Lower fuel costs and market rallies are boosting the auto and financial services sectors in India, benefiting companies like Maruti Suzuki and Axis Bank.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Market pressure is mounting, with expectations of biggest cumulative outflows and increases in weights across several companies including Maruti Suzuki, Axis Bank, and Bajaj Finance.Sub-event
- PSU lenders are outperforming in the market.Sub-event
Market rally and lower fuel costs are driving growth in India's auto and financial sectors.1 source
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The entities involved
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Maruti Suzuki
Japanese-Indian automobile manufacturer
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Axis Bank
Indian private sector bank
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Bajaj Finance
Indian non-banking financial company