Budget 2026: Auto sector left wanting

Going into the Union Budget 2026-27, expectations from the automobile sector were decidedly high. While the budget was not hostile towards the sector, it was not ambitious either. The focus remained firmly on increasing manufacturing depth, rather than enhancing adoption velocity or providing some much-needed policy clarity. The over 1% correction in the Nifty Auto…

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Maruti Suzuki, M&M, Eicher Motors drive Nifty Auto to fresh record high; index jumps 5.8% in five days

Auto stocks continued to move in top gear as demand for automobiles remained resilient in December, even after the festive season, as reflected in robust wholesale volumes across segments. The Nifty Auto index touched another fresh record high of 29,179, surging 1.3% in Monday’s session (January 05) and marking its fifth straight session of gains,…

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