Auto Stocks to BUY: Maruti,

TMCV

, Hyundai, among 5 picks with up to 38% upside potential

Nifty Auto Stocks: Auto stocks remained under pressure for a second consecutive session on Friday, with the Nifty Auto index falling over 2 per cent amid concerns about rising crude oil prices, potential gas shortages, and supply-chain disruptions affecting the sector. Nifty Auto Performance As of 12:10 pm, the index was down 703.50 points, or 2.80 per cent, at 24,394.50, extending a week of sharp declines. The sector has seen broad-based weakness, with the index dropping 9.90 per cent over the past week, 13.59 per cent in the last month, 12.31 per cent over three months, and 9.19 per cent over six months. Despite this near-term pressure, several brokerages believe selective opportunities remain in the sector and have highlighted stocks with meaningful upside potential. Here is a list of stocks that can provide an upside potential of up to 38 per cent.