Market Live

Monday, 30 January 2017

Sensex, Nifty Start Budget Week Flat; L&T, ITC, ICICI Up

Get Two Days Free Trial from here and work with us click here http://www.ripplesadvisory.com/services.php.

The auto sector, which saw a revival last year after two years of turbulence, is set to continue the momentum this year with demand picking up across all segments, says a report.

Growth of the auto industry is expected to continue in 2017 across all vehicle categories-commercial and passenger vehicles, as well as two and three-wheelers. But it is unlikely that the industry will maintain the sales growth of 2016 due to the note ban impact and the uncertainty regarding the GST, says Dun & Bradstreet in a report.

The report, however, does not quantify its proejction. In 2016, auto sales grew 9.2 percent driven by two- wheelers that moved up by 9.6 percent from 0.7 percent in 2015. At the same time, cars clipped at 7 percent and commercial vehicles grew 7.8 percent.

viny k.samual

About viny k.samual

Author Description here..

Subscribe to this Blog via Email :

Note: only a member of this blog may post a comment.