The offer includes tariff-free imports up to a certain threshold, beyond which regular duties would apply

Strong rural demand, new launches, and festive cheer drive growth in passenger vehicles and two-wheelers, while CV segment dips by 1%.

As part of the reciprocal tariffs, there is no change in the 25% tariff imposed on the import of Indian automobiles and auto parts (wire harnesses, seat components, tyres, fuel pumps, vehicle bodies, bumpers and cockpit electronics)

All sectoral indices except oil & gas declined to trade in negative territory

Market breadth remained negative, with more stocks declining than advancing. Among the top losers were JSW Steel, Eicher Motors, and Bajaj Auto, while Adani Ports, Maruti Suzuki, and IndusInd Bank saw notable gains.

Key Result: Ami Organics, Marico, Godrej Properties, Archean Chemical Industries, Aether Industries, City Union Bank, Indian Overseas Bank, Latent View, Parag Milk, Subex, Sunteck Realty, TRF and V-Mart Retail.

Criticizes proposed shift of regulatory powers to the Centre, calls proposed Section 49B unconstitutional