Indian automobile stocks surged sharply on April 8, 2026, with the S&P BSE AUTO Index climbing 6.57% to 57,366.32 points as of mid-morning trade. The broader Nifty 50 also gained 3.71%, settling around 23,982, but the auto sector outperformed the wider market by a significant margin.
Top Performers
Ashok Leyland led the gains among listed auto stocks with a rise of 11.70% on the BSE, reaching ₹170.85. Tata Motors Passenger Vehicles followed at 8.12%, trading at ₹333.70. SML Isuzu gained 7.85% to ₹4,273.45, while OLA Electric Mobility rose 7.50% to ₹30.97. Mahindra & Mahindra climbed 7.07% to ₹3,219.05 and Force Motors added 6.99% to reach ₹21,321.15.
Broader Auto Sector Participation
The rally was broad-based, with nearly every major automobile stock posting gains. Maruti Suzuki rose 6.62% to ₹13,647.25, TVS Motors added 6.20% to reach ₹3,684.10, and Eicher Motors gained 6.43% to ₹7,033.15. Hero MotoCorp gained 5.45%, Hyundai Motor India rose 4.85%, Bajaj Auto added 4.32%, and Escorts Kubota climbed 4.74%.
Among electric vehicle-related counters, Olectra Greentech rose 3.92% and Ather Energy gained 3.37%. Landmark Cars posted the smallest gain of the session at 2.29%.
Sector Context
Despite today’s sharp single-session gain, the S&P BSE AUTO Index is down 4.1% over the trailing 30 days, indicating the sector had been under pressure in recent weeks before this rebound. Over the past one year, however, the index has delivered a return of 29.2%.
Data sourced from BSE and NSE as of April 8, 2026 at approximately 10:54–10:59 AM IST. Stock prices are subject to change.