Ashok Leyland, Maruti Suzuki to Force Motors: Auto stocks rise up to 5% after release of May SIAM data (opens original article in a new tab)

Auto stocks rose sharply after May SIAM data showed strong vehicle sales growth, with Nifty Auto index up over 3% and BSE Auto index up over 2.9%

• Auto stocks like Ashok Leyland, Maruti Suzuki, and Force Motors rose over 4% following strong May SIAM data
• Nifty Auto index increased over 3% and BSE Auto index over 2.9%
• SIAM reported 16.8% growth in overall vehicle wholesales in May 2026 compared to May 2025
• Passenger vehicles, two-wheelers, and three-wheelers saw high double-digit growth due to reduced GST rates and easier financing