Nifty Auto Jumps 2.14% as 87 of 122 Stocks Advance
MarketPulse summary: Nifty Auto rose 2.14% (597.40 points) to 28,523.30. Across 122 listed Auto stocks, 87 advanced and 34 declined.
📊 Key Numbers
🎯 What Happened
Auto stocks powered ahead, with the Nifty Auto index jumping 2.14% to 28,523.3 and gains stretching well beyond the biggest names.
The advance added 597.4 points from the previous close of 27,925.9. Across the wider universe of 122 NSE-listed companies in this industry group, 87 advanced, 34 declined and one was unchanged. That breadth score of 43.4 means winners comfortably outnumbered losers, rather than a handful of heavyweights flattering the headline. The median stock rose 1.04%, so a typical company participated, though less strongly than the index.
Large caps set the pace by a narrow margin. The top 10 by market capitalisation averaged a 2.11% gain, against 1.09% for smaller stocks; the market-cap-weighted change was 1.72%. For an ordinary investor, that combination points to a rally led by bigger companies but supported across the pack, not a fringe-only surge.
The sharpest moves still came from individual names. Jinkushal Industries rallied 9.64%, followed by Talbros Automotive Components at 7.51%, Ramkrishna Forgings at 7.19%, PPAP Automotive at 6.91% and Modi Rubber at 6.84%. The other side was concentrated in smaller auto-ancillary counters: Sintercom India slipped 6.18%, MM Forgings 4.55%, Menon Bearings 4.48%, Lakshmi Precision Screws 3.79% and Sundram Fasteners 2.91%.
Next, watch whether breadth stays this favourable, whether the gap between large and smaller stocks narrows, and whether the index holds above 28,523.3. The losers’ list also matters: persistent weakness there would show the rally remains uneven beneath a strong headline.
🏢 Large Caps vs Smaller Stocks
🚀 Top Gainers
| Stock | LTP | Change |
|---|---|---|
| JKIPLJinkushal Industries | ₹117.61 | +9.64% |
| TALBROAUTOTalbros Automotive Components | ₹418.50 | +7.51% |
| RKFORGERamkrishna Forgings | ₹764.70 | +7.19% |
| PPAPPPAP Automotive | ₹267.05 | +6.91% |
| MODIRUBBERModi Rubber | ₹119.61 | +6.84% |
📉 Top Losers
| Stock | LTP | Change |
|---|---|---|
| SINTERCOMSintercom India | ₹77.53 | -6.18% |
| MMFLMM Forgings | ₹622.70 | -4.55% |
| MENONBEMenon Bearings | ₹327.60 | -4.48% |
| LAKPRELakshmi Precision Screws | ₹4.57 | -3.79% |
| SUNDRMFASTSundram Fasteners | ₹1,070.50 | -2.91% |
Stock universe: all 122 NSE-listed Auto companies with a price today, not only the official index constituents.
Data from NSE and public market sources, compiled automatically by MarketPulse. Figures may be delayed or revised. This is not investment advice.