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๐Ÿ“Š Nifty Auto Sector Analysis

Nifty Auto Drops 1.79% as 100 of 123 Stocks Decline

02 Sept 2026 ยท Sector Analysis ยท ๐Ÿ”ด Bearish

MarketPulse Summary: Nifty Auto fell 1.79% (509.1 points) to 27,981.95, with 100 of 123 stocks declining against 22 advancing. Weakness was broad-based: top 10 companies by market capitalization averaged -1.61% while smaller stocks averaged -1.1%, and the market-cap-weighted change was -1.69%.

๐Ÿ“Š Key Numbers

Nifty Auto
27,981.95
โ–ผ -1.79%
Advances
22
17.89%
Declines
100
81.30%
Breadth Score
-63.41
Negative

๐Ÿ“ˆ Sector Performance

Nifty Auto Performance
Metric Value
Index Level 27,981.95
Previous Close 28,491.05
Change -1.79%
Change Points -509.10

๐ŸŽฏ What drove the move?

Market reports provided contextual factors around the sector move, but the available evidence does not establish a single confirmed catalyst.

๐Ÿ“Š Market Breadth

Across the broader Auto stock universe used in this analysis, 100 of 123 stocks declined, while 22 advanced and 1 remained unchanged. Decliners represented 81.30%, compared with 17.89% for advancers. The breadth score was -63.41, indicating strongly negative internal conditions. This universe should not be treated as the official index constituent universe unless separately verified.

Breadth Breakdown
Category Stocks Share
Advancing 22 17.89%
Declining 100 81.30%
Unchanged 1 โ€”
Breadth Score -63.41

๐Ÿข Large Caps vs Smaller Stocks

The top 10 companies by market capitalization averaged -1.61%, while smaller stocks averaged -1.10%. The market-cap-weighted change was -1.69%, compared with a median change of -1.06% and a simple average of -1.14%. The leadership condition was balanced. The divergence indicates that the magnitude of the sector move was concentrated in larger companies.

Top 10 Avg
-1.61%
By Market Cap
Smaller Stocks
-1.10%
Average Change
Weighted Change
-1.69%
Stock Universe
Median Stock
-1.06%
Stock Universe

๐Ÿš€ Top Gainers

Top 5 Gainers
Stock LTP %
URAVIDEF
Uravi Defence and Technology Limited
โ‚น124.05 +4.27%
STERTOOLS
Sterling Tools Limited
โ‚น220.06 +3.39%
BEML
BEML Limited
โ‚น2,032.40 +3.16%
AUTOAXLES
Automotive Axles Limited
โ‚น1,732.50 +2.46%
BHARATGEAR
Bharat Gears Limited
โ‚น102.08 +1.77%

๐Ÿ“‰ Top Losers

Top 5 Losers
Stock LTP %
VARROC
Varroc Engineering Limited
โ‚น824.40 -6.00%
HEROMOTOCO
Hero MotoCorp Limited
โ‚น5,300.00 -4.59%
SEDEMAC
SEDEMAC Mechatronics Limited
โ‚น2,866.50 -4.09%
OLAELEC
Ola Electric Mobility Limited
โ‚น38.98 -3.78%
PRICOLLTD
Pricol Limited
โ‚น767.75 -3.67%

๐Ÿฆ Largest Companies

Among the top gainers, Uravi Defence and Technology Limited gained 4.27% to 124.05, Sterling Tools Limited gained 3.39% to 220.06, BEML Limited gained 3.16% to 2,032.40. On the losing side, Varroc Engineering Limited fell 6.00% to 824.40, Hero MotoCorp Limited fell 4.59% to 5,300.00, SEDEMAC Mechatronics Limited fell 4.09% to 2,866.50. Among the largest companies, Maruti Suzuki India Limited declined 0.78%, Mahindra & Mahindra Limited declined 2.12%, Bajaj Auto Limited declined 1.87%, Eicher Motors Limited declined 3.24%, TVS Motor Company Limited declined 0.07%. The available research does not establish specific reasons for individual stock moves.

Top 10 Companies by Market Capitalization
Stock Market Cap LTP %
MARUTI
Maruti Suzuki India Limited
4,20,545cr โ‚น12,849.00 -0.78%
M&M
Mahindra & Mahindra Limited
4,14,593cr โ‚น3,190.00 -2.12%
BAJAJ-AUTO
Bajaj Auto Limited
3,27,291cr โ‚น12,130.00 -1.87%
EICHERMOT
Eicher Motors Limited
2,21,237cr โ‚น7,711.50 -3.24%
TVSMOTOR
TVS Motor Company Limited
2,04,487cr โ‚น4,200.00 -0.07%
HYUNDAI
Hyundai Motor India Limited
1,84,203cr โ‚น2,154.40 -1.17%
MOTHERSON
Samvardhana Motherson International Limited
1,74,782cr โ‚น163.30 -1.39%
TMCV
Tata Motors Limited
1,71,851cr โ‚น447.45 -3.64%
BOSCHLTD
Bosch Limited
1,43,469cr โ‚น47,250.00 -2.68%
TMPV
Tata Motors Passenger Vehicles Limited
1,17,632cr โ‚น312.75 +0.89%

๐Ÿ“ What the data suggests

Broad-Based Auto Sector Weakness

The data indicates broad-based auto sector weakness. Sector breadth was negative, but the magnitude of the move was concentrated in large-cap stocks. The market-cap-weighted change of -1.69% was weaker than the median change of -1.06%, while the simple average was -1.14%. This indicates that larger companies had the strongest downward influence on the sector index.

๐Ÿ‘€ What to watch next

The divergence between large-cap and smaller stocks remains relevant to the sector's internal structure. The broad-based auto sector weakness remains the key data-supported theme.

Data Scope Stock-level breadth and performance are calculated from the broader NSE_TESTING IT sector universe. They should not be described as official Nifty IT constituent breadth unless separately verified.

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Data generated at 02 Sept 2026. Not investment advice.

MarketPulse โ€” automated analysis, human judgment still required.