India-EU Trade Deal... Anxiety in Auto Stocks!
With the trade deal between India and the EU finalized, investors will be focusing on automobile shares on Tuesday. There is information that import duties on European cars may be reduced from 110% to 40%. If this happens, the competition in the Indian auto market will completely change. There is a discussion that this will have a negative impact on domestic companies. Financial experts say that this indicates that auto shares in the stock market are likely to experience fluctuations.
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