Auto shares witnessed buying demand for third consecutive trading session on the back of monthly sales announcements.

As per provisional closing data, the barometer index, the S&P BSE Sensex declined 32 points or 0.04% to 85,188.60. The Nifty 50 index gained 16.95 points or 0.06% to 26,146.55.

In the broader market, the S&P BSE Mid-Cap index climbed 0.27% and the S&P BSE Small-Cap index fell 0.02%.

The market breadth was positive. On the BSE, 2,211 shares rose and 1,952 shares fell. A total of 171 shares were unchanged.

Buzzing Index:

The Nifty Auto index jumped 1.03% to 28,480.55. The index rallied 3.22% for the three consecutive trading sessions.

Ashok Leyland (up 3.35%), Bajaj Auto (up 2.43%), Samvardhana Motherson International (up 2.2%), TVS Motor Company (up 2%), Mahindra & Mahindra (up 1.38%), Hero MotoCorp (up 1.2%), Tube Investments of India (up 0.91%), Eicher Motors (up 0.45%), Bosch (up 0.35%) and Exide Industries (up 0.25%) surged.

Monthly Auto Sales:

Tata Motors (formerly TML Commercial Vehicles) added 2.78% after the company's total sales commercial vehicle (CV) jumped 25% to 42,508 units in December 2025 compared with 33,875 units sold in December 2024.

Mahindra & Mahindra (M&M) rose 1.40% after the company reported 25% increase in total auto sales for December 2025, selling 86,090 vehicles during the period under review as against 68,814 vehicles sold in December 2024.

Ashok Leyland rallied 3.13% after the company reported a 27% increase in total commercial vehicle sales to 21,533 units in December 2025, up from 16,957 units sold in December 2024.

Maruti Suzuki India rose 0.15%. The company reported total sales of 2,17,854 units in December 2025, marking a 22.21% increase compared to 1,78,248 units sold in the same month last year.

Eicher Motors added 0.45%. The company's unlisted subsidiary, VE Commercial Vehicles (VECV), reported a 24.7% year-on-year jump in commercial vehicle (CV) sales to 10,384 units in December 2025.

Steel Strips Wheels (SSWL) surged 8.36% after the company reported a net turnover of Rs 446.59 crore for December 2025, marking a 22.44% year-on-year (YoY) increase compared to Rs 364.74 crore recorded in December 2024.

Escorts Kubota gained 2.71% after the company's agri-machinery business division sold 7,577 tractors in December 2025, registering a growth of 38.5% compared with 5,472 tractors sold in December 2024.

Stocks in Spotlight:

Dr Reddy's Laboratories declined 1.47%. The company announced that its wholly owned subsidiary, Dr. Reddy's Laboratories SA, Switzerland, has received a Complete Response Letter (CRL) from the USFDA for its Biologics License Application (BLA) for AVT03 (denosumab).

Kalpataru Projects International (KPIL) shed 0.23%. The company along with its joint venture, has secured new orders worth approximately Rs 719 crore.

Blue Dart Express gained 2.81% after tax authorities largely dropped a Rs 420.78 crore GST demand on its subsidiary Blue Dart Aviation.

Dev Information Technology (IT) jumped 4.88% after the company secured a noteworthy order worth Rs 1.90 crore from the Directorate of Food and Civil Supplies, an undertaking of the Food, Civil Supplies and Consumer Affairs Department, Gujarat.

KEC International rose 0.44%. The company announced that it has secured new orders totalling Rs 1,050 crore across its various business verticals.

Global Markets:

Major markets in the US, Europe and Asia will remain shut today on account of the New Year's Day holiday.

Overnight in the U.S., the S&P 500 pulled back on Wednesday, though the index still closed out a bumper year.

The broad market S&P 500 dipped 0.74% and closed at 6,845.50, while the Nasdaq Composite fell 0.76% and ended at 23,241.99. The Dow Jones Industrial Average lost 303.77 points, or 0.63%, and settled at 48,063.29.

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