🚗 Auto Stocks Hit Top Gear: NIFTY Auto Surges Over 10% in a Week

On Friday, the NIFTY Auto Index rallied 2.85%, capping off a powerful week where the index surged 10.6% (ending April 10, 2026), rebounding sharply from recent lows. 💡 What Drove the Rally? Falling crude oil prices, following a US–Iran ceasefire and easing geopolitical tensions, reduced input costs and improved demand outlook. This triggered strong buying momentum, including a sharp ~7% rise on April 7. 🏆 Top Movers Leaders like

, , , Ashok Leyland, and Tata Motors surged 6–12%, dominating the gainers list. The rebound erased earlier losses from elevated oil prices and supply concerns, with the auto index outperforming the broader Nifty 50, which rose ~6% this week. 📌 Disclaimer: This content is for information only and not investment advice. Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered advisor before making any investment decisions.