Finance Minister Nirmala Sitharaman in her Union Budget 2021 speech proposed the voluntary scrappage policy to replace personal vehicles older than 20 years and commercial vehicles older than 15 years.
Read more about Nifty outlook & stock picks by Vinay Rajani: Buy Ashok Leyland, Tata Steel on Business Standard. The Nifty50 has recovered more than 62 per cent of the entire fall which was registered from 14,653 to 14,222