Home / Business and Economy / Auto Stocks Soar, Driving Nifty 50 Rally Amid GST Reform Hopes
Auto Stocks Soar, Driving Nifty 50 Rally Amid GST Reform Hopes
19 Aug
Summary
- Tata Motors, Bajaj Auto, and Hero MotoCorp lead Nifty 50 gainers
- Reliance Industries and Adani Ports among top performers
- Dr Reddy's Laboratories, Grasim Industries, and Bajaj Finserv decline
As of August 19, 2025, the Indian stock market has experienced a rally, with the auto sector playing a significant role. Tata Motors led the Nifty 50 gainers, surging 3.50% to 699.65, followed by Bajaj Auto with a 2.72% increase to 8,822.00 and Hero MotoCorp rising 2.34% to 5,100.50. The strength of the auto sector has contributed to the broader market's positive momentum, as investors continue to digest the optimistic tone around the prospects of GST reform.
Reliance Industries has also added to the gains, increasing by 2.48% to 1,416.00 and maintaining its position among the top performers. Adani Ports completed the top five gainers, climbing 2.17% to 1,356.00. The broad-based rally reflects sustained buying interest across multiple sectors.
On the downside, Dr Reddy's Laboratories led the decliners, falling 1.21% to ₹1,247.40. Grasim Industries dropped 1.10% to ₹2,814.50, while Bajaj Finserv declined 1.09% to ₹1,971.70. Hindalco shed 0.98% to ₹707.15, and JSW Steel retreated 0.73% to ₹1,071.90.
