Auto Stocks Rally on GST Cut Buzz, China’s Rare Earth Assurances

Indian auto shares rose up to 6% with Nifty Auto gaining 1%, extending Monday’s rally on GST cut hopes. Sentiment improved as China assured India of addressing rare earth supply issues critical for EVs. Automakers like Hero, Bajaj, and

Tata flagged shortages, but Beijing’s support could ease production concerns amid strong demand outlook.