 "More car buyers opting for high-end models with safety feature, accessories")
Nifty Auto index, that gained 1.5 per cent in the intra-day deals, was one of the top sectoral gainers on the NSE on Wednesday. In comparison, the benchmark Nifty50 index was up 0.5 per cent in noon deals. Individually, shares of M&M surged up to 4 per cent to Rs 744 after the company announced that it will increase the price of its passenger vehicles (PVs) and commercial vehicles (CVs) from January 1, 2021, in order to partially offset the impact of rise in input costs.
According to a Business Standard report, following a rapid recovery in demand for discretionary
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