Auto Stocks Fall Amid US Tariff Worries; Nifty Auto Index Down

Auto company shares dropped sharply on Tuesday as investors grew cautious over possible US tariffs. President Donald Trump said a trade deal with India is nearly done and warned countries not aligned with US trade terms, including several Asian nations. The Nifty Auto index fell nearly 1%, marking its third straight day of losses. All 15 stocks in the index were in the red, with TVS Motor, Bajaj Auto, and Samvardhana Motherson among the biggest losers.