In the past two trading days, the Nifty Microcap 250 index has rallied 3.7 per cent, as against 1 per cent gain in the benchmark Nifty 50.
Nomura said the combination of lower duties and a weaker Indian rupee increases global competitiveness for auto suppliers such as Bharat Forge, Sansera, Sonacoms, Belrise Industries, and Motherson
With US-India trade deal on the horizon coupled with healthy diversification efforts at the company (ADS), Sansera Engineering remains one of top pick in the auto ancillary space for ICICI Securities.
Samvardhana Motherson, JBM Auto, Craftsman Automation, Lumax Auto, Jamna Auto, Sansera, SJS Ent and Rico Auto from the auto parts sector hit 52-week highs in trade on Friday.
During the weekly expiry session, Nifty witnessed heightened volatility and ended the day at 25,839, down 120 points
Sansera hit a new high at ₹1,769 on Thursday. The company has a robust orderbook of ₹2,150 crore as of Q2FY26, with over 60 per cent from international markets.
The much-awaited upward momentum for the Nifty index is likely to be confirmed only with a move above 25,000, HDFC Securities' Vinay Rajani said