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Stocks of frontline automobile companies are seen tracking the broad market next week, which is likely to be volatile with a negative bias.The derivative series for December will expire on Thursday and trade is expected to be volatile on account of traders rolling over positions to the January derivatives contracts. Auto stocks may see some movement in anticipation of the sales numbers for December due on Jan 1. We continue to remain bullish on the M&M's key performing segments that is, utility vehicles, Pickups, Maxximo and GIO.
