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Auto Stocks Gain Momentum as Maruti Suzuki Scales New Record Levels
Maruti Suzuki hit a new lifetime high, lifting auto stocks as investors positioned ahead of monthly sales data, expecting steady demand trends and supportive fundamentals to drive near-term sector performance.
Shares of Maruti Suzuki touched a fresh lifetime high, leading a broader rally in auto stocks ahead of the release of monthly vehicle sales data. Investors positioned for stable demand trends and strong festive season momentum. Positive sentiment also lifted other auto names, with market participants betting on resilient volumes, pricing discipline, and easing supply-side pressures supporting near-term sector performance.