Nifty Auto jumps over 2%; Maruti, TVS Motor, Ashok Leyland, M&M among top gainers. Why are auto stocks rising? (opens original article in a new tab)

Major auto stocks in India rose sharply on Thursday as concerns over inflation and geopolitical issues eased, with the Nifty Auto index jumping over 2% and experts predicting continued growth in the sector.

• Major auto stocks rose over 2% on Thursday, with Nifty Auto index jumping over 2%
• Auto stocks gained due to easing concerns over commodity prices, fuel volatility, and geopolitical issues
• Structural growth drivers like electrification and infrastructure spending remain strong
• Experts expect continued growth in auto sales across vehicle categories in FY27