Indian auto stocks set to end 2025 at record closing high after tax cuts propel demand
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Indian auto stocks are projected to close 2025 at a record high, driven by tax cuts that have increased demand. The Nifty Auto index has risen 23.3% this year, with major contributions from Maruti Suzuki, Mahindra & Mahindra, Eicher Motors, and TVS Motor. Despite initial declines due to U.S. tariffs and domestic concerns, the index rebounded, closing at 28,171.95. Analysts have rated seven stocks as 'buy', six as 'hold', and two as 'sell', with the Nifty Auto index outperforming the Nifty 50 index's 11% rise.
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