Motilal Oswal sector of the week: TVS Motor's long-term growth is driven by consistent market share gains across domestic and export markets, strong product portfolio and expanding EV presence
Death Cross alert: Technical analyst at Choice Broking expects Nifty Auto and Bank Nifty to underperform in the near-term as shorter-term moving average has slipped below the long-term 200-DMA.
The index climbed as much as 2.69 per cent to hit an intraday high of 26,484, with buying fuelled by favourable management commentary from the country's largest carmaker, Maruti Suzuki India
In the past one year, shares of Force Motors surged 186 per cent to ₹20,746.9 on March 16, 2026, from ₹7,251.1 on March 13, 2025, outperforming the Nifty Auto index, which rose around 20 per cent
Auto stock: Individually, among others, Hero MotoCorp, TVS Motor Company, Samvardhana Motherson International, Sona BLW Precision Forgings, Uno Minda, and Ashok Leyland climbed over 3 per cent
According to FADA, February 2026 emerged as best-ever February for 2W, 3W, CV, PV, tractors and overall retail. Data showed that retail vehicle sales jumped by 25.6 per cent Y-o-Y to 24,09,362 units
According to Axis Securities, the moderation in reciprocal tariffs to 18 per cent represents a meaningful tailwind for Indian automobile exporters, particularly auto component manufacturers
Tata Motors will likely maintain its dominant share of India's CV market, with support from India's economic growth, and favorable infrastructure and construction spending.
Technical charts suggest that Bank Nifty may exhibit range-bound trade in the near-term; Auto index may ride to new highs, while Realty index could see sharp swings in the coming months.
PSBs have benefited from the Reserve Bank of India's (RBI) cumulative 100 basis points (bps) repo rate cut in three tranches till June 2025, and liquidity measures that lowered borrowing costs