Auto stocks crack up to 7% on Trump tariffs; Tata Motors, Samvardhana Motherson top laggards

The Nifty Auto index dropped by 1.6%, trading at 21,385, with 14 stocks in the red and just one stock in the green. Bharat Forge, Ashok Leyland, Balkrishna Industries, Eicher Motors, Bajaj Auto, Apollo Tyres, MRF, TVS Motor Company, Mahindra & Mahindra, Maruti Suzuki, and Hero MotoCorp saw declines ranging from 3% to 0.2%. Exide Industries showed a slight increase in early trading.