<div class="body-Xl9a4Ubk body-nzzZVyQ3 content-nzzZVyQ3"><div class="symbolsContainer-uFduEtAF logosContainer-diQOvrPB"></div><div>Auto stocks rallied sharply on Wednesday, with the Nifty Auto index jumping nearly 7 percent, emerging as one of the top sectoral gainers, as easing crude oil prices and a broader risk-on rally boosted sentiment across the sector. At 11:00 am, the Sensex was up over 2,900 points or 3.9 percent at above 77,500, while the Nifty was hovering just below 24,000, with strong market breadth as advances far outpaced declines.The rally in auto stocks was broad-based, with multiple names featuring among the top gainers on the Nifty. Mahindra &amp; Mahindra rose over 7 percent, while Maruti Suzuki gained nearly 7 percent and Eicher Motors advanced over 6 percent. Tata Motors Passenger Vehicles (TMPV) also surged more than 8 percent, placing four auto stocks among the top 10 gainers on the benchmark index.Across the broader auto pack, gains were even sharper. Ashok Leyland jumped nearly 12 percent, emerging as the top gainer in the index. Motherson Group gained close to 9 percent, while UNO Minda rose over 7 percent. Other key names such as Bosch, TVS Motor, Exide Industries and Tube Investments advanced between 6–7 percent, indicating strong participation across segments.<ul><li>Share Market Live Updates | Sensex, Nifty Today</li></ul>The sharp upmove comes as crude oil prices plunged sharply following the announcement of a two-week ceasefire between the United States and Iran, easing concerns around fuel costs and inflation. Lower crude prices are typically positive for auto companies, as they help reduce input costs and support demand by easing fuel price pressures for consumers.Earlier today, analysts pointed to improving risk appetite and short covering after recent volatility, with beaten-down sectors seeing strong rebound. The combination of falling crude prices, improving global sentiment and domestic recovery hopes has created favourable conditions for auto stocks, which had seen pressure during the recent spike in oil prices.Sectorally, the rally was accompanied by strong gains in rate-sensitive segments. Banking, realty and PSU bank indices rose 5-7 percent, while the India VIX declined over 21 percent, signalling a sharp drop in volatility. <section>Disclaimer<div class="content-aHOVUrmQ link-with-underline-aHOVUrmQ">Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.</div></section></div></div>

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Auto stocks surged on Wednesday, with the Nifty Auto index rising nearly 7%, driven by easing crude oil prices and a broader risk-on sentiment. Key players like Mahindra & Mahindra, Maruti Suzuki, and Eicher Motors led the rally, while Ashok Leyland jumped nearly 12%. The market saw strong gains across sectors, with the Sensex up over 2,900 points. Analysts noted improving risk appetite and short covering, creating favorable conditions for auto stocks amid declining crude prices and positive global sentiment.

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Engley Automobile Industry

First Trust India Nifty 50 Equal Weight

Guotai CSI 800 Automobile and Parts ETF

ChinaAMC CSI Hong Kong Connect Automobile Industry Thematic ETF

E Fund CSI Auto Components Thematic ETF

Nifty Auto surges nearly 7%, among top sectoral gainers; M&M, Maruti, Eicher lead rally as risk-on sentiment returns