Sensex Trades Over 1600 Points Lower; Dow Futures Down By 103 Points

In 2014, Nissan International Holdings, a Dutch investment arm of Japanese automaker Nissan, came as the strategic investor on Hinduja Tech.

Founded in 2009, Hinduja Tech, formerly known as Defiance Technologies, provides engineering, manufacturing, and enterprise (EME) services and solutions for automotive, aerospace, defense, industrial, and general manufacturing industries.

We will keep you posted on more updates from this space. Stay tuned.

Speaking of the automobile sector, note that the sector has rebounded sharply from its March lows.

The auto index entered the greed phase in September 2019 and will stay there until December 2021. This means there is still a lot of fuel left for auto stocks.

How automobile stocks perform in the coming months remains to be seen.

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Disclosure: Equitymaster Agora Research Private Limited (Research Analyst) bearing Registration No. INH000000537 (hereinafter referred as 'Equitymaster') is an independent equity research ...

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