The increase in cess on luxury cars will play spoilsport in the October sales, asserts Rohit Suri, President, Jaguar Landrover India in an interview to CNBC-TV18's Uttkarsh Chaturvedi.
Prashant Kothari, Senior Investment Manager of Pictet Asset Management has a buy on Motherson Sumi and believes the company will not lose market share due to Volkswagen emission scandal.
The 8 percent rally in the Indian stock market since its recent September 7 low has removed some of the "dislocations" that previously existed, says Sanjeev Prasad of Kotak Institutional Equities.
The recent resistance witnessed by the market could be the result of profit taking from traders who expect some resistance at the 8,250-8,280 levels but the bias in the October series remains on the upside, says Vineet Bhatnagar, MD of PhillipCapital.
Manishi Raychaudhuri of BNP Paribas Securities prefers Tata Motors from the auto space.
To honour the undying spirit of the men and women in uniform Taj Palace in partnership with Jaguar-LandRover and CNBC-TV18 hosted the third Black Tie Charity Ball, a platform to contribute meaningfully not only in monetary terms but also by recognizing the sacrifices our armed forces make in war and peace time.
Mihir Zaveri of Religare Capital Markets told CNBC-TV18 that there will be no severe impact on Jaguar-LandRover (JLR) volumes due to the fuel norm changes in China. He clarified that the new rules are similar to the draft and it is not surprising.