There are two ways to gauge the direction in which the bike market is headed. The first is to take a close look at the latest performance of the big boys. Let’s start with Hero MotoCorp, India’s biggest two-wheeler maker and the hero of the commuter segment, which happens to be the largest in terms of volumes of bikes sold in the country. In June this year, Hero MotoCorp sold 404,474 motorcycles, which is a fall of 12 percent year-over-year (y-o-y) and a 17 percent decline in month-over-month (m-o-m) numbers, according to the latest auto sector monthly report by brokerage firm JM Financial.