Markets were flat today, We think it is a Bull fatigue after a good Bull run. Maruti is cutting its production of cars and Bajaj Auro mentioned that, even two wheeler production might be hit.
Banking stocks have done well, because the demand for money is there with the Economy showing signs of pick up and with the Jan Dhan Yojana and popularisation of gold loan scheme, Banking shows signs of good days.
Consumption of four wheelers and two wheelers might shift to car agregators and bike agregators thereby reducing individual buying.It is better investors look up to infrastructure, banking and fmcg stocks.buying due to improved public transport like taxi, bus and metro.
