Recent session saw auto stocks climb strongly on festive optimism.
Two-wheeler demand is expected to jump ahead of Diwali season.
IT stocks lagged as global slowdown signals still dominate cue
s.
Nifty and Sensex closed flat after a roller-coaster intraday rid
e.
Market mood was split between festive demand and global weakness.
Analysts say auto sector may lead September’s bull moves.
EV narratives are also adding spice to auto sector momentum.
IT’s underperformance signals global recovery is still await
ed.
Retail investors are rotating from tech into consumption themes
.
The vibes: “Auto is zooming, IT is snoozing.”