Quote of the day by Warren Buffett: “Be fearful when others are greedy and greedy when others are fearful”

The auto sector has recently experienced significant volatility and a crash, with Nifty Auto falling over 3.5% and 11% in a week, making it a potential area where Buffett's advice on being 'greedy when others are fearful' could be applied by long-term investors.

For auto stocks, consider accumulating fundamentally strong companies during sharp corrections, focusing on volume growth and demand mix, with a long-term investment horizon.

For Indian markets, the practical takeaway is that this story carries a mixed read rather than a generic headline. Traders should judge it by actual market follow-through, not by narrative intensity alone.

Watch whether the market validates this read through price action, volume, and breadth. If the headline matters, the signal should show up in execution, not just in commentary.

• •Warren Buffett's advice: 'Be fearful when others are greedy and greedy when others are fearful.'
• •Emphasizes contrarian thinking and emotional discipline in investing.
• •Suggests understanding market psychology, valuing assets during fear-driven sell-offs, and avoiding herd mentality.
• •Principle remains highly relevant in today’s volatile, sentiment-driven markets.
• •Risk flag: Continued weakness in demand due to economic slowdown