Auto stocks may see some profit booking: Alok Nanavaty

Alok Nanavaty, Director, Centrum Broking Pvt. Ltd. in an interview with ET Now talks about auto stocks.

What is the call on some of these auto stocks?

The auto pack has certainly done fairly well across the board. I expect that to some extent there will be profit booking which will come in in the early part of next week. So auto stocks there should be some amount of profit taking which will start happening now.