Fed’s hawkish commentary and prospects of shallower rate cuts in 2025 weighed on Friday as well as the headline indices closed with deep cuts amid significant selling in IT, bank and auto stocks. The 30-stock S&P BSE Sensex finished at 78,041.59, declining by 1176.46 points or 1.49% while the Nifty50 settled at 23,587.50, falling by 364.20 points or 1.52%. Nifty’s initial rebound proved fleeting as sellers regained control, leading to the unwinding of positions by buyers and this selling pressure drove the index below the 200-day EMA, Dhupesh Dhameja, Derivatives Analyst at SAMCO Securities said, adding that this trend underscores the prevailing bearish sentiment in the market. “On the daily chart, the index hovers near a crucial support level at 23,500, aligning with an upward-sloping trendline. A decisive breach below this support could trigger intensified selling pressure. Conversely, any recovery attempt is likely to face resistance around 24,000, a level marked by an unfilled gap that reflects weak buying interest at higher levels. The RSI on the daily chart has slipped below 40, signalling waning buying momentum,” Dhameja said.Here are 5 stock recommendations for Monday: Stock Ideas

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Indian car buyers are choosing cars with premium features. This is boosting auto industry revenues. Sales volumes are growing more slowly. SUVs and MPVs are popular choices. Automakers are expanding their premium offerings. 2025 is expected to be a record year for car sales in the country.

How 2025 could be a breakthrough year for India’s auto industry

The Nifty Auto index closed 2.13 per cent at 22580.00.

Stock market update: Nifty Auto index 2.13%

Going forward next year could potentially be better. How much better we need to see, but all trends related to rural income, post monsoon pickup, and the overall trends of the economy after this phase of high inflation impacting consumers would be better. Now, among the auto companies the leader like you said has been M&M and that has been our top holding. Tata Motors obviously exited some months back at around 1100 levels.

Auto sector revival hinges on rural growth and inflation easing in 2025: Sandip Sabharwal

The Nifty Auto index closed 0.73 per cent at 23070.90.

Stock market update: Nifty Auto index 0.73%

Market expert Hemang Jani advises caution on realty stocks despite strong recent performance. He favors Lodha and DLF for short-term gains, but not long-term investment. Jani prefers Mahindra & Mahindra over Tata Motors in the auto sector. He sees potential in cement companies like UltraTech and Dalmia Bharat. Within pharma, he recommends Sun Pharma and Cipla.

Not keen on realty stocks for investment, prefer M&M to Tata Motors: Hemang Jani

Nissan and Honda, along with Mitsubishi, are in talks for closer collaboration, possibly a merger, to navigate the changing auto industry. The discussions come as Japanese automakers face pressure from rising Chinese competitors and the shift to electric vehicles.

What a merger between Nissan and Honda could mean for the automakers and the industry

Honda in talks to potentially merge with Nissan to create third-largest carmaker, facing challenges in global auto industry.

Honda and Nissan explore merger options as Foxconn eyes stake

The Nifty Auto index closed 0.75 per cent at 23241.25.

Stock market update: Nifty Auto index 0.75%

The Nifty Auto index closed 0.75 per cent down at 23241.25.

Stock market update: Nifty Auto index falls 0.75%

Japan’s Nikkei share average fell for a fourth session on Wednesday as investors remained cautious ahead of central bank decisions in the U.S. and Japan, while report of a Honda-Nissan tie-up boosted auto shares.

Japan’s Nikkei falls amid caution ahead of central bank decisions; auto shares shine

Nifty Auto Index is designed to reflect the behaviour and performance of the Automobiles segment of the financial market. The NIFTY Auto Index comprises 15 tradable, exchange listed companies. 

Nifty Auto Index

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