Nifty Auto Dips 66 Points as Sector Faces Pressure; Hero MotoCorp, Tata Motors lead Drags
By Shishta Dutta | Updated at: Jun 12, 2025 02:28 PM IST
The Nifty Auto index opened lower and extended losses through the early session, falling 66.2 points or 0.28% to 23,739, weighed down by profit booking in major auto and component stocks.
Index Snapshot
| Metric | Value |
|---|---|
| Previous Close | 23,805.20 |
| Open | 23,838.15 |
| Day High | 23,857.55 |
| Day Low | 23,733.55 |
| Last Price | 23,739.00 |
| Change (Pts) | -66.20 |
| % Change | -0.28% |
| 52-Week High | 27,696.10 |
| 52-Week Low | 19,316.65 |
| Total Traded Value | ₹209.46 Cr |
| Total Volume | 19.43 lakh |
Nifty Auto Index traded lower, slipping 66.20 points or 0.28% to 23,739.00, as selling pressure weighed on key stocks. The index hovered between 23,857.55 and 23,733.55 during the session, staying well below its 52-week high of 27,696.10.
Out of the 15 index constituents, 9 declined, 6 advanced, and none remained unchanged.
Key Gainers
Despite overall weakness, a few auto counters showed resilience:
| Stock | Last Price (₹) | Change (₹) | % Change |
|---|---|---|---|
| Bharat Forge | 1,335.80 | +2.20 | +0.16% |
| Eicher Motors | 5,358.00 | +6.00 | +0.11% |
| TVS Motor | 2,772.00 | +1.00 | +0.04% |
| Balkrishna Ind | 2,497.50 | +1.30 | +0.05% |
| Bajaj Auto | 8,722.00 | +3.00 | +0.03% |
| Maruti Suzuki | 12,454.00 | +2.00 | +0.02% |
Amid a broadly weak session, select auto stocks managed to stay in the green. Bharat Forge led the modest gainers with a 0.16% uptick, followed by Eicher Motors and TVS Motor. These counters showed relative strength, offering some support to the otherwise declining Nifty Auto index.
Major Drags
Blue-chip names led the decline, with noticeable pressure in the 2/3-wheeler and auto component segments:
| Stock | Last Price (₹) | Change (₹) | % Change |
|---|---|---|---|
| Hero MotoCorp | 4,383.50 | -26.80 | -0.61% |
| Tata Motors | 731.55 | -4.85 | -0.66% |
| M&M | 3,069.80 | -10.90 | -0.35% |
| Exide Ind | 404.00 | -1.55 | -0.38% |
| Ashok Leyland | 238.85 | -1.15 | -0.48% |
| MRF | 1,35,905.00 | -975.00 | -0.71% |
| Bosch Ltd | 31,870.00 | -25.00 | -0.08% |
| TI India | 3,023.90 | -3.70 | -0.12% |
| Motherson | 158.53 | -1.04 | -0.65% |
Leading auto stocks came under mild selling pressure, with notable declines seen in two-wheeler manufacturers and auto component players. Hero MotoCorp, Tata Motors, and MRF were among the top laggards, reflecting broader sectoral weakness. Auto ancillary stocks, such as Exide Industries and Motherson, also traded lower.
Sector Overview
- The index has seen 1.73% gain in the last 30 days, but is down 5.65% over the past year.
- Valuations appear to be stabilizing near the 14% range below its 52-week high, suggesting room for further consolidation.
- Leadership in domestic auto sales remains with Maruti Suzuki, M&M, and Tata Motors, but near-term volatility is being driven by margin concerns, input cost fluctuations, and export headwinds.
Market Context
The broader Nifty 50 was trading marginally higher by 0.13%, providing a stabilizing backdrop. However, Nifty Auto underperformed as cyclical names faced selective unwinding.
Outlook
The sector remains a long-term bet on India’s consumption and rural recovery, but in the near term, investors are watching June dispatch data, monsoon trends, and festive demand cues for direction.
Nifty Auto Performance
At 10:06 AM IST, Nifty Auto is trading with a 0.61% dip. The index has gained 1.10% in the last month, 2.24% year-to-date, and experienced a 6.81% dip in the previous year.
About Nifty Auto
The Nifty Auto Index tracks the performance of Indian automobile sector companies, including manufacturers of cars, motorcycles, heavy vehicles, and auto components. It includes 15 actively traded stocks listed on the National Stock Exchange (NSE).
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