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2026-11-02 11:58:28

[Indian Auto Stocks Rise: Strong October Sales, Analysts Favor Two-Wheelers and Commercial Vehicles] (1) Indian automaker stocks rose on Monday as strong October sales data highlighted the resilience of demand during the holiday season; the Nifty Auto Index rose 1.2%. (2) Analysts noted that rising input costs are putting pressure on passenger car manufacturers, and they are currently more optimistic about two-wheeler and commercial vehicle manufacturers. (3) In terms of individual stocks, Maruti Suzuki rose 2.82% to Rs 11,718, TVS Motor rose 2.01% to Rs 4,279.6, and Tata Motors rose 2.13% to Rs 271.05.

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