BUZZ-Indian auto stocks rise after US-India trade deal

Reuters02-03 12:14

** Indian auto stocks up between 1.2% to 8.9% after India-U.S. trade deal lowers Washington's tariffs on Indian exports to 18%, from 50% earlier

** U.S. rescinding punitive 25% duty on all imports from India over its purchases of Russian oil

** Gains led by auto parts makers; Balkrishna Industries BLKI.NS up 7.3%, Bharat Forge BFRG.NS jumps 8.7%, Samvardhana Motherson SAMD.NS rises 6.8%

** Jefferies says key beneficiaries includes auto ancillaries with meaningful exposure to the U.S. such as Sona BLW Precision Forgings SONB.NS, which is up 7%

** All constituents of Nifty Auto in the green

** NIFTYAUTO up 23.5% in 2025, while Nifty 50 index .NSEI gained 10.5%

(Reporting by Nandan Mandayam, Meenakshi Maidas in Bengaluru)

((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2608845253?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-02-03 12:14","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2608845253","market":"us","top_or_hot":-1,"title":"BUZZ-Indian auto stocks rise after US-India trade deal","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BUZZ-Indian auto stocks rise after US-India trade deal</title></head><body><p>** Indian auto stocks up between 1.2% to 8.9% after India-U.S. <span>trade deal</span> lowers Washington's tariffs on Indian exports to 18%, from 50% earlier</p><p>** U.S. rescinding punitive 25% duty on all imports from India over its purchases of Russian oil</p><p>** Gains led by auto parts makers; Balkrishna Industries <span>BLKI.NS</span> up 7.3%, Bharat Forge <span>BFRG.NS</span> jumps 8.7%, Samvardhana Motherson <span>SAMD.NS</span> rises 6.8%</p><p>** Jefferies says key beneficiaries includes auto ancillaries with meaningful exposure to the U.S. such as Sona BLW Precision Forgings <span>SONB.NS</span>, which is up 7%</p><p>** All constituents of Nifty Auto in the green</p><p>** NIFTYAUTO up 23.5% in 2025, while Nifty 50 index <span>.NSEI</span> gained 10.5%  </p><p> (Reporting by Nandan Mandayam, Meenakshi Maidas in Bengaluru)</p><p> ((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BUZZ-Indian auto stocks rise after US-India trade deal</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBUZZ-Indian auto stocks rise after US-India trade deal\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2026-02-03 12:14</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BUZZ-Indian auto stocks rise after US-India trade deal</title></head><body><p>** Indian auto stocks up between 1.2% to 8.9% after India-U.S. <span>trade deal</span> lowers Washington's tariffs on Indian exports to 18%, from 50% earlier</p><p>** U.S. rescinding punitive 25% duty on all imports from India over its purchases of Russian oil</p><p>** Gains led by auto parts makers; Balkrishna Industries <span>BLKI.NS</span> up 7.3%, Bharat Forge <span>BFRG.NS</span> jumps 8.7%, Samvardhana Motherson <span>SAMD.NS</span> rises 6.8%</p><p>** Jefferies says key beneficiaries includes auto ancillaries with meaningful exposure to the U.S. such as Sona BLW Precision Forgings <span>SONB.NS</span>, which is up 7%</p><p>** All constituents of Nifty Auto in the green</p><p>** NIFTYAUTO up 23.5% in 2025, while Nifty 50 index <span>.NSEI</span> gained 10.5%  </p><p> (Reporting by Nandan Mandayam, Meenakshi Maidas in Bengaluru)</p><p> ((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FLIN","symbol_name":"Franklin FTSE India ETF","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260203:nL4N3YZ09Y:1","article_id":"2608845253","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2608845253","pubTimestamp":1770092080,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BUZZ-Indian auto stocks rise after US-India trade deal** Indian auto stocks up between 1.2% to 8.9% after India-U.S. trade deal lowers Washington's tariffs on Indian exports to 18%, from 50% earlier** U.S. rescinding punitive 25% duty on all imports from India over its purchases of Russian oil** Gains led by auto parts makers; Balkrishna Industries BLKI.NS up 7.3%, Bharat Forge BFRG.NS jumps 8.7%, Samvardhana Motherson SAMD.NS rises 6.8%** Jefferies says key beneficiaries includes auto ancillaries with meaningful exposure to the U.S. such as Sona BLW Precision Forgings SONB.NS, which is up 7%** All constituents of Nifty Auto in the green** NIFTYAUTO up 23.5% in 2025, while Nifty 50 index .NSEI gained 10.5%    ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"FLIN":"Franklin FTSE India ETF","NFTY":"First Trust India NIFTY 50 Equal Weight ETF","INDY":"印度ETF-iShares","PIN":"印度ETF-PowerShares","INDA":"iShares MSCI印度ETF〈INDA〉","EPI":"印度收入指数ETF-WisdomTree"},"translate_title":"美印贸易协议后印度汽车股上涨","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"INDY":2,"EPI":2,"NFTY":2,"INDA":2,"FLIN":2,"PIN":2},"content_text":"BUZZ-Indian auto stocks rise after US-India trade deal** Indian auto stocks up between 1.2% to 8.9% after India-U.S. trade deal lowers Washington's tariffs on Indian exports to 18%, from 50% earlier** U.S. rescinding punitive 25% duty on all imports from India over its purchases of Russian oil** Gains led by auto parts makers; Balkrishna Industries BLKI.NS up 7.3%, Bharat Forge BFRG.NS jumps 8.7%, Samvardhana Motherson SAMD.NS rises 6.8%** Jefferies says key beneficiaries includes auto ancillaries with meaningful exposure to the U.S. such as Sona BLW Precision Forgings SONB.NS, which is up 7%** All constituents of Nifty Auto in the green** NIFTYAUTO up 23.5% in 2025, while Nifty 50 index .NSEI gained 10.5%   (Reporting by Nandan Mandayam, Meenakshi Maidas in Bengaluru) ((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2608845253","isCrawlerRequest":true}