Bajaj Auto Upgrade: Bajaj Auto's (BAL) stock price fell by over 17% from its recent peak level, mainly due to ongoing slowdown in domestic industry coupled with economic issues in its exports market. We believe that the near-term slowdown in domestic market as well as exports headwind to continue impacting company's volumes over next 4-6 months. However, we expect strong revival in both the markets H2FY16 onwards.