Auto stocks rally: Ashok Leyland jumps 9%, Maruti, Tata Motors PV, M&M lead gains as Nifty Auto surges 3%

Auto stocks rallied as Nifty Auto surged nearly 3 percent, led by Ashok Leyland, Maruti Suzuki, Tata Motors PV and M&M. Brent crude fell to around $94 a barrel, while hopes of easing US tariffs following the midterm elections boosted sentiment.

Nov 5, 2026 - 08:00
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Auto stocks rally: Ashok Leyland jumps 9%, Maruti, Tata Motors PV, M&M lead gains as Nifty Auto surges 3%
Auto stocks rallied as Nifty Auto surged nearly 3 percent, led by Ashok Leyland, Maruti Suzuki, Tata Motors PV and M&M. Brent crude fell to around $94 a barrel, while hopes of easing US tariffs following the midterm elections boosted sentiment.

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