The Nifty Auto Index gained over 2% during Monday's session, extending its 2-day rise to about 4%. Stocks like Ashok Leyland, Tata Motors, and Maruti Suzuki lead the rally in the auto sector today.
| Stock | LTP (₹) | Change (₹) | Change (%) |
| Uno Minda | 1,122.60 | 64.90 | 6.14% |
| TVS Motor | 3,466.20 | 153.40 | 4.63% |
| Eicher Motors | 7,628.00 | 316.00 | 4.32% |
| Ashok Leyland | 158.74 | 6.29 | 4.13% |
| Maruti Suzuki | 13,901.00 | 535.00 | 4.00% |
The rally in auto stocks was supported by a sharp decline in crude oil prices, which fell more than 4% during intraday trade. Investor sentiment improved after US President Donald Trump announced that the United States and Iran had reached a peace agreement, with the deal expected to be formally signed later this week. The development raised hopes of smoother global oil supplies and lower energy costs.
Global crude oil prices have fallen by more than 7% over the past 2 trading sessions as concerns over geopolitical tensions in West Asia eased and expectations grew for smoother oil supplies through the Strait of Hormuz.
Brent crude declined over 4% during Monday's trading session, touching an intraday low of $83.05 per barrel after US President Donald Trump announced that the United States and Iran had reached a peace agreement, raising hopes of greater stability in global energy markets.
Lower crude oil prices are generally positive for the automobile sector. Auto manufacturers rely on several petroleum-based raw materials, including rubber, plastics, paints, and other petrochemical products. In addition, lower fuel prices can reduce operating costs for consumers, which may support vehicle demand and improve overall sentiment in the sector.
Amid the rally, Tata Motors Passenger Vehicles announced that it will increase prices of its cars and SUVs by up to 1.5% from July 1, 2026. The company said the increase is needed to partly offset rising input costs and inflation.
The Nifty Auto Index tracks the performance of India's automobile sector.and It includes 15 listed companies from segments such as passenger vehicles, two-wheelers, commercial vehicles, auto ancillaries, and tyres.
Since April 2026, the auto index has climbed around 13%, outperforming the Nifty 50, which has risen about 7% in the same period.
Among the major constituents of the Nifty Auto Index, Mahindra & Mahindra, Maruti Suzuki, Eicher Motors, Tata Motors Passenger Vehicles, TVS Motor Company, and Hero MotoCorp traded in positive territory and supported the sector's rally.
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The sharp rally in auto stocks was largely fueled by hopes of easing geopolitical tensions and lower crude oil prices following reports of a US-Iran peace deal and the reopening of the Strait of Hormuz.
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Published on: Jun 15, 2026, 2:26 PM IST
Kusum Kumari
Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.
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