1) Two-wheeler stocks are in momentum after Bajaj Auto reported better than expected September monthly sales data. Bajaj Auto September sales at 441306 unit, up 10% YoY while the expectation of 416081 units. 2) The government announced Cinema halls, multiplexes to reopen from 15th Oct 2020, with up to 50% capacity as nation gears up for Unlock 5. #MOMarketUpdates #MotilalOswal #Indianstockmarket #twoweeler #Bajaj #Hero #TVSmotor #PVR #Inox #Nifty #sensex
Bajaj Finance assets under moratorium has reduced to 15.5% as of June 30 from 27% in April 30. The sharp reduction in moratorium is very positive. #MOMarketUpdates #MotilalOswal #bajajfinance #stockmarket #nifty #sensex