Jammu & Kashmir revives 120-year-old Mohra hydel project amid push to ramp up power capacity

The auto sector is currently experiencing volatility, with recent crashes and Nifty Auto falling significantly. Investors are focusing on volume growth, discounting, and commodity costs.

Given the recent correction, traders might look for accumulation opportunities in fundamentally strong auto stocks like Maruti and M&M, but with strict risk management.

For Indian markets, this story mainly matters for the Power, Infrastructure pocket. The current signal is bullish, so traders should watch whether the effect spreads across the sector or stays limited to a single name.

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.

• •Jammu and Kashmir is reviving the 120-year-old Mohra Power Project.
• •The historic hydroelectric facility shut down in the 1990s.
• •The government is accelerating power generation efforts.
• •The project holds historical and symbolic value and is a significant piece of Kashmir's engineering heritage.
• •Risk flag: Continued Nifty Auto decline