The Nifty Auto index jumped 9.76% to 5,536.05, rising for third consecutive trading session.
The Nifty Auto index has advanced 22.54% in three trading sessions from its previous closing low of 4517.75 posted on 3 April 2020.M&M (up 15%), Maruti Suzuki (up 11.86%), Tata Motors (up 10.43%), Bajaj Auto (up 8.59%), Hero MotoCorp (up 9.2%), TVS Motor Company (up 6.91%), Eicher Motors (up 5.07%) and Ashok Leyland (up 4.22%) advanced.
The Nifty Auto index has jumped 24.34% from its 52-week low of 4452.20 hit on 24 March 2020.
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