Raghvendra Singh’s Bullish Call: Buy M&M, Eicher Motor For Big Gains

Market Expert Raghvendra Singh shares bullish outlook for the auto sector, highlighting potential for a strong rally in the coming weeks. He notes that the Auto Index has corrected significantly, dropping from 27,500 to around 23,300, indicating a 20% correction. With much of the negative sentiment already factored into stock prices, Singh believes there is minimal downside risk at this stage. He points to Mahindra & Mahindra (M&M) and Eicher Motor as top picks, citing their strong charts and potential for a breakout. Overall, the entire auto sector looks poised for a significant recovery, making it a promising opportunity for investors.