Tata Motors, M&M to Bharat Forge: Auto stocks surge up to 7% as Donald Trump signals pause on tariffs

Stock market today: Indian auto stocks opened higher in Tuesday’s trade, April 15, after U.S. President Donald Trump signaled a pause on auto tariffs, boosting investor sentiment. The announcement added to Trump’s recent moves, including a 90-day pause on tariffs for non-retaliating countries and exemptions for Chinese-made semiconductors and electronics, raising hopes that trade tensions may ease and global supply chains could stabilize. The Nifty Auto index jumped 3.19% in early morning trade, reaching a two-week high of 21,205. All 15 constituents of the index were trading in the green, with Samvardhana Motherson leading the pack with a 7% gain, followed by Bharat Forge, Tata Motors, and Mahindra & Mahindra, each rising over 4%. Source Mint