Auto Stocks Rise on US-EU Trade Deal Boost
Shares of TATAMOTORS Tata Motors, Samvardhana Motherson, Sona BLW, and Bharat Forge gained up to 2% as a new US-EU trade deal lowers car import tariffs from 27.5% to 15%. The move is expected to benefit Indian auto exporters linked to the US and EU markets, lifting overall investor sentiment.
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