Auto stocks rallied sharply on Wednesday, with the Nifty Auto index jumping nearly 7 percent, emerging as one of the top sectoral gainers, as easing crude oil prices and a broader risk-on rally boosted sentiment across the sector. At 11:00 am, the Sensex was up over 2,900 points or 3.9 percent at above 77,500, while the Nifty was hovering just below 24,000, with strong market breadth as advances f...

Auto stocks recovered for a second straight session on Tuesday, with the Nifty Auto index rising around 2 percent in morning trade, as buying returned after a sharp correction earlier this month. The sector was the top performer among NSE indices, while the broader market also firmed up.At 10:24 am, the Nifty Auto index was up 2 percent at 25,096. The rebound comes after the index had fallen 15.7 ...

Auto stocks remained under pressure for a second straight session on Friday morning, with the Nifty Auto index falling more than 2 percent as concerns around rising crude oil prices, potential gas shortages and supply-chain disruptions continued to weigh on the sector.At 10:20 am, the Nifty Auto index was down 2.2 percent. The broader market was also weak, with the Sensex falling over 900 points t...

Auto stocks came under heavy selling pressure on Thursday morning, with the Nifty Auto index plunging nearly 3 percent and automobile companies dominating the Nifty top losers list, as crude oil prices surged back above $100 a barrel, stoking fears of fuel-driven inflation.At 10:44 am, the Sensex was down 550 points or 0.7 percent at just above 76,300, while the Nifty fell to below 23,700. Market ...

Auto stocks faced profit-booking on October 3 after recent gains. Shares of TVS Motor, Mahindra & Mahindra (M&M), Bajaj Auto, Hero MotoCorp, Maruti Suzuki, Eicher Motors, and Ashok Leyland slipped up to 2 percent even as September sales data reflected strong demand following GST rate cuts and the onset of the festive season.The Nifty Auto index lost steam after a two-day run, with 10 of its 15 sto...