Slowdown in auto sector or its a business cycle ?

I agree with Mr Rajiv Bajaj here  CNBCTV18 -Rajiv Bajaj

Its not Slowdown  its a business cycle which also happens in cement / steel / sugar / infra sector.

I don't think government will create any new changes in adding additional taxes to make this cycle go into worst state but government should support to bring  further bracketing in GST  for automobile to determine whats luxury and whats necessity since the public transportation is not world class in every corner of country to consider all private automobiles  as flat luxury.

having further break-down into GST for automobiles will help both consumers as well as manufacturers.

Companies should stop crying and review their business model to deal with such cycle. 

View on current stock market uncertainty Aug 2019

Current market and situation in the country shows a sign where people  are afraid to  become optimistic.
As market is driven by the probability % of optimistic and pessimistic , we need to be cautious what we are buying today and at what price ? if you are buying any stock of a company bcoz its down 50 / 60% from its peak , you are bound to get punished by the sentiment of people since currently probability of pessimistic approach is very high among people linked to the market.

Its time to  look for quality companies which can still make profit in such a scenarios and buy with margin of safety principle.
One of the sector which I feel where we need to focus on selection are pharma companies since people are bound to buy medicines regardless what sentiments of investors are which in-turn make profit for this companies.

So question is which companies among pharma ? I never encourage people to through company name since this make a person handicap to take self decision on buying and selling.
you need to research this by yourself and find high quality management / profit driven / profit sharing among its shareholders / margin of safety to make handsome return.