🚗 Maruti +2.1%, M&M +1.9% on Strong June Sales — Auto Sector Leads India Rally as Crude Falls

📅 2 July 2026 | EarnFree.in | Investing: Auto Sector

India’s auto majors delivered strong June sales numbers, sending stocks higher. Maruti Suzuki rose 2.1% and Mahindra & Mahindra gained 1.9%, leading Sensex performers. Financials and FMCG also advanced firmly — Eternal, Asian Paints, HUL, Adani Ports, and SBI all gained 2-5.7%. The rally offset weakness in tech and metals.

📊 Top Movers — July 1-2, 2026

Stock Move Driver
Maruti Suzuki ▲ +2.1% Strong June sales
Mahindra & Mahindra ▲ +1.9% Strong June sales
HUL ▲ +2-5.7% range FMCG demand recovery
SBI ▲ +2-5.7% range Banking sector strength
Adani Ports ▲ +2-5.7% range Trade volume growth
HCL Tech ▼ -3.5% IT weakness
Tech Mahindra ▼ -3.1% IT weakness
TCS ▼ -2.6% Profit booking

🚗 Why Auto Is Outperforming

Brent crude falling toward $75 (from war-driven highs) is directly boosting auto sector margins and consumer affordability. June sales data confirms demand resilience despite macro uncertainty — Maruti and M&M both posted solid volume growth, validating the crude-crash-benefits-auto thesis that has been building since mid-June.

⚠️ Disclaimer: Not SEBI-registered investment advice.

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