India's Nifty Auto index climbed 0.55% amid broader market upticks, buoyed by robust gains in key auto stocks. The sector's resilience shines through festive sales tailwinds and EV policy boosts, outpacing Nifty 50's modest rise.
Sector Performance
The Nifty Auto index, tracking 15 leading automobile firms, advanced 0.55% to around 24,412 on November 28, 2025. This gain reflects sustained investor confidence in the auto sector's recovery, driven by strong domestic demand and export growth despite global headwinds.
Driving Factors
Positive cues from festive season sales data, EV incentives, and easing input costs propelled the rally. Heavyweights like Maruti Suzuki, Mahindra & Mahindra, and Bajaj Auto led advances, while broader Nifty 50 hovered up 0.37%. Year-to-date, the index boasts 32%+ returns.
Key Highlights
Index Gain: +0.55% to ~24,412; outperforms Nifty 50 (+0.37%).
Top Gainers: Ashok Leyland (+6.48%), Escorts Kubota (+4.53%), Hyundai Motor India (+0.57%).
YTD Performance: +32.67%; 1-year +0.73%, 3-year +110.51%.
Market Breadth: 11/15 constituents advancing.
Outlook: Festive sales, EV push to sustain momentum.
Sources: Economic Times, Nifty Indices, Equitymaster.