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VERIFIEDMint Markets·neutral

Nifty Auto looks set to snap a 5-month winning streak - Should you buy the dip in auto, auto ancillary stocks?

AI Summary
  • ·Nifty Auto is poised to end a 5-month winning streak.
  • ·Profit booking and economic concerns are driving the decline in auto stocks.
  • ·Experts recommend selective buying amid rising oil prices and potential interest rate hikes.
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