Search
Advertisement
Tata Motors, Maruti, Bajaj Auto, Eicher Motors: Auto stocks rally on RBI rate cut 

Tata Motors, Maruti, Bajaj Auto, Eicher Motors: Auto stocks rally on RBI rate cut 

On similar lines, the Nifty auto index rose 253 pts to 23,554 against the previous close of 23,306. 

Aseem Thapliyal
Aseem Thapliyal
  • Updated Jun 6, 2025 11:29 AM IST
Tata Motors, Maruti, Bajaj Auto, Eicher Motors: Auto stocks rally on RBI rate cut Auto ancillary shares such as Bharat Forge, Sundaram Fasteners, Motherson Sumi Wiring, Bosch Ltd, TI India, Uno Minda also rose up to 2% on BSE.

Auto stocks such as Tata Motors, Maruti, Hero MotoCorp, Bajaj Auto, Eicher Motors, M&M, Ashok Leyland, TVS Motors and M&M rose up to 3% in early deals after RBI cut repo rate by 50 bps to 5.5% in the monetary policy today. On similar lines, the Nifty auto index rose 253 pts to 23,554 against the previous close of 23,306.

Advertisement

Auto ancillary shares such as Bharat Forge, Sundaram Fasteners, Motherson Sumi Wiring, Bosch Ltd, TI India, Uno Minda also rose up to 2% on BSE.

BSE auto index also rose 657 pts to 52,964. Invetors turned positive on the auto stocks as banks are expected to lend at lower rates for auto loans, pushing up sales for these auto majors.

Meanwhile, Sensex rose 650 points to 82,096 and Nifty gaioned 243 pts to 24,993 in the morning session today on the back of a stellar rally in banking and auto stocks.

Disclaimer: Business Today provides stock market news for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.

ABOUT THE AUTHOR

Aseem Thapliyal
Aseem Thapliyal

A journalist with over 12 years' experience, who tracks trends in the share market and writes stock market stories. An active follower of Sensex and Nifty, I capture stocks in news and analysis by share market experts and brokerages on their outlook and price targets. I cover company news/earnings leading to a rally or crash in particular stocks or stock market indices. Also track impact of global stock markets on their Indian peers. I have worked with Live Mint and NDTV Profit in previous stints. My hobbies are exploring new places, travelling, watching movies, spending time with friends and family, watching web series, playing cricket and football. I have completed graduation from Delhi University along with a PG Diploma in journalism from IIMC. I can be reached easily via social media platforms.

Published on: Jun 6, 2025 11:29 AM IST