M&M’s stronger Q1FY27 lifts auto stocks as Nifty closes higher

Indian equities closed higher amid Fed hawkishness and West Asia risks. Automobiles outperformed, aided by Mahindra & Mahindra’s stronger-than-expected Q1FY27 results, while elevated crude prices and geopolitical uncertainty kept market sentiment cautious.

Newer report , , The Hindu BusinessLine : Mahindra cuts EV SUV entry prices by ₹8 lakh with Battery-as-a-Service rollout

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Reported figures

From the report. Source details below

Nifty 50: 24,317.15, up 67 points (0.28%)
Sensex: up 274 points
Automobile sector: up over 1.76%
Brent crude: nearing $90 per barrel

The source

Source Read the source at The Hindu BusinessLine

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