Anand Rathi Financial neutral on auto space

Amit Rathi, Anand Rathi Financial Services is neutral on auto space.

Rathi told CNBC-TV18, "On auto sector we would be neutral at this point because clearly volume growth is coming off and will continue to come off as interest rate you know hike to pass through consumers but on the flip-side what would also happen is that once you see a correction in the commodity prices, on the margin side things would start to look better for the auto companies but that is something probably 2 quarters or 3 quarters down the road. So in the next couple of quarters I don