Economy
Hyundai Motor India Shares Rebound Following Four-Day Decline

Hyundai Motor India Shares Rebound Following Four-Day Decline

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THE BRIEF
1

Hyundai Motor India shares rose over 3% in intraday trading on Friday, snapping a four-day losing streak amid cautious market sentiment.

2

The stock found support near the ₹2,020 level, driven by value buying and festive season sales expectations.

3

Brokerage firm Emkay Global maintains a buy rating on the stock with a target price of ₹2,600, citing long-term growth potential.