Nifty Auto Index Gains 1% Amid Market Optimism
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Summary: Stocks like TVS Motor and Apollo Tyres led the gains in Monday's 1% increase in the Nifty Auto index, which reached 22,510.4.
On Monday, May 5, 2025, the Nifty Auto index experienced a notable rise, climbing 1% to reach 22,510.4 points by 10:30 AM IST. Following a larger trend of price increases in the Indian stock market, the BSE Sensex increased by 447.29 points to 80,949.28, while the NSE Nifty50 increased by 146.1 points to 24,492.
With an increase of 2.16%, TVS Motor Company Ltd. led the gains in the car industry. Apollo Tyres Ltd., Samvardhana Motherson International Ltd., Exide Industries Ltd., and Ashok Leyland Ltd. followed with 1.93%, 1.82%, and 1.46%, respectively.
The overall market sentiment was upbeat, with 41 out of the 50 stocks in the Nifty index trading in the green. During the trading session, shares of firms such as Anupam Rasayan India, Force Motors, Godfrey Phillips, ARSS Infrastructure, and Reliance Naval & Engineering also hit fresh 52-week highs.
This encouraging trend in the auto industry is a reflection of investor confidence in the face of improving economic data and diminishing trade tensions.
