Will rate cut by rbi play out in auto sector???

Recently RBI cuts rates by 50 basis points on 6th june
this will help auto sector in volume pickup by sales& and revenue
according to reports rbi will cut rate by 25 basis points if this happens
then surely its a good bet for auto sector. we can add autos in our portfolio
for next Q-2 and Q-3......

As of now inflation is in control and according to CPI inflation data inflation is around at
2% which is at four years low and if this is the case then surely rbi cut down rate for
an economy boost so called hawkish move

Thanks and Regards
Devansh sharma
(M.D & CIO Green Bull)


http://dlvr.it/TM4mJx