On March 2, 2026, stocks in the Indian auto sector experienced sharp declines during early trading hours. The S&P BSE AUTO Index stood at 61,332.81, down 1.45%. This followed a broader market downturn, with the S&P BSE SENSEX at 80,235.26 (down 1.29%) and the NIFTY 50 at 24,889.40 (down 1.15%).

Performance of Major Auto Stocks (as of early March 2, 2026)

Here are the BSE and NSE prices and percentage changes from the provided data (BSE prices at 09:25:00 AM IST, NSE at 9:29:59 AM IST):

  • Ashok Leyland: BSE ₹210.55 (-0.26%), NSE ₹210.70 (-0.19%)
  • Ather Energy Ltd.: BSE ₹693.30 (-2.47%), NSE ₹692.00 (-2.66%)
  • Bajaj Auto: BSE ₹9,816.00 (-1.53%), NSE ₹9,801.00 (-1.72%)
  • Eicher Motors: BSE ₹7,920.45 (-1.19%), NSE ₹7,910.00 (-1.25%)
  • Escorts Kubota: BSE ₹3,449.50 (-1.91%), NSE ₹3,469.40 (-1.40%)
  • Force Motors: BSE ₹23,765.80 (-2.30%), NSE ₹23,985.00 (-1.46%)
  • Hero MotoCorp: BSE ₹5,676.85 (-0.57%), NSE ₹5,679.00 (-0.54%)
  • Hyundai Motor India Ltd.: BSE ₹2,113.60 (-2.32%), NSE ₹2,100.10 (-3.02%)
  • Landmark Cars: BSE ₹399.95 (-3.30%), NSE ₹403.95 (-2.26%)
  • M&M: BSE ₹3,339.45 (-1.78%), NSE ₹3,343.90 (-1.57%)
  • Maruti Suzuki: BSE ₹14,639.00 (-1.55%), NSE ₹14,605.00 (-1.70%)
  • Ola Electric Mobility Ltd.: BSE ₹24.05 (-4.64%), NSE ₹24.15 (-4.24%)
  • Olectra Greentech: BSE ₹967.30 (-3.01%), NSE ₹975.95 (-2.12%)
  • Sharda Motor: BSE ₹908.05 (-2.45%), NSE ₹904.60 (-2.94%)
  • SML Isuzu: BSE ₹4,699.50 (-1.75%), NSE ₹4,780.50 (0.00%)
  • Tata Motors Passenger Vehicles Limited: BSE ₹375.10 (-2.10%), NSE ₹374.50 (-2.13%)
  • TVS Motors: BSE ₹3,861.75 (-0.20%), NSE ₹3,871.90 (+0.06%)
  • VST Tillers: BSE ₹5,741.00 (-0.67%), NSE ₹5,720.00 (-0.97%)

Most stocks showed declines ranging from 0.2% to over 4%, with electric vehicle-related names like Ola Electric and Ather Energy among the steeper losers.

Broader Market and Sector Context

The auto sector’s performance aligned with overall market weakness. The S&P BSE AUTO Index had gained 4.0% over the prior 30 days and 28.6% over the last year, but faced pressure on this date. Top gainers in the broader automobiles segment included Atlas Cycle (up 12.7%) and Premier Limited (up 5.0%), while losers featured Wardwizard Innovations (down 4.8%) and Popular Vehicles & Services Ltd. (down 4.7%).

Note: February auto sales data released around this period showed healthy growth for many companies (e.g., Maruti Suzuki, Tata Motors Passenger Vehicles, and M&M reported increases in domestic dispatches), but positive sales figures did not offset the broader negative sentiment from geopolitical factors and rising crude costs.

TOPICS: Auto sector