Auto Sector

The Indian stock market staged a strong recovery on June 24, 2026, with Nifty closing above 24,000 and Sensex surging 790 points. Easing rate hike concerns after RBI Governor Sanjay Malhotra's comments, falling crude oil prices, sustained FII inflows, and optimism surrounding an India-US trade agreement fueled broad-based gains, led by banking, IT, and realty stocks.

Indian stock markets witnessed a strong rebound as the Sensex jumped over 900 points and Nifty crossed 24,050. RBI's dovish stance, falling crude oil prices, positive global cues, FII inflows, and optimism over an India-US trade deal fueled the rally.

Indian Benchmark indices ended sharply lower on June 23, 2026, as a 10% crash in South Korea's Kospi, weakness in IT stocks following Accenture's cautious outlook, and renewed concerns over higher US interest rates triggered broad-based selling. Nifty fell 278.80 points to 23,824.10, while Sensex declined 893.39 points to 76,200.68. Metal and IT stocks led losses, while Pharma emerged as the lone sectoral gainer amid defensive buying.

Indian benchmark indices extended gains on June 22, 2026, as easing geopolitical tensions, falling crude oil prices, strong buying in Reliance Industries after its AGM, recovering IT stocks, and robust foreign investor inflows supported market sentiment. Nifty closed above 24,100, Sensex rose nearly 300 points, and Pharma, Healthcare, Media, and Oil & Gas sectors emerged as top performers.

Bajaj Auto has announced its largest-ever ₹5,633 crore share buyback at ₹12,000 per share. With the record date approaching, investors are evaluating eligibility, retail quota benefits, and potential returns from the tender offer.

Indian benchmark indices snapped a five-session winning streak on June 19, 2026, with Nifty closing at 24,013 and Sensex falling 607 points. Weak guidance from Accenture sparked a broad IT sector sell-off, while profit booking and renewed FII selling further weighed on sentiment. Pharma and Defence stocks provided some support amid the broader market weakness.

Indian benchmark indices ended higher for the fifth consecutive session as lower crude oil prices, easing geopolitical tensions, and optimism surrounding the India-UK Free Trade Agreement supported investor sentiment. Banking, realty, cement, and pharma stocks drove the rally, while IT stocks remained under pressure following hawkish US Federal Reserve commentary.

The Indian stock market extended its winning streak on June 17, 2026, as Nifty closed above the crucial 24,000 mark and Sensex gained 347 points. Defence stocks emerged as top performers following record domestic defence production in FY26, while lower crude oil prices, hopes of a US-Iran peace deal, and positive global cues supported broad-based buying across sectors.

Indian benchmark indices extended their rally on June 16, 2026, as optimism over US-Iran peace talks, lower crude oil prices, and FII buying lifted sentiment. Nifty and Sensex closed higher, with gains led by IT, Realty, FMCG, and Chemicals, while Metal and Auto lagged.

The Indian benchmark indices delivered one of their strongest sessions in recent weeks on June 12, 2026, with Nifty surging 461 points to 23,622 and Sensex rallying over 1,695 points to close at 75,527, as US President Trump stepped back from planned military action against Iran and signalled a peace deal could be imminent. Brent crude crashed below $90 per barrel, triggering a massive relief rally across Dalal Street with every major sectoral index ending in the green. Nifty Bank was the star performer, jumping 1,638 points as Banking and Financial stocks led the broad-based charge, with investors cheering the combination of easing geopolitical tensions, falling oil prices, and improving global risk appetite