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AutomobilesMedium impactAfter close

Auto stocks decline amid EU trade deal concerns

after close1 source ↓written by the desknot a recommendation

4.19%
on the BSE
4.02%
auto index dropped
0.97%
as concerns grew
58,980.72
lost
1.48%

Auto stocks fell sharply, led by Mahindra & Mahindra down 4.19% and Hyundai Motor India down 4.02% on the BSE. The BSE auto index dropped 0.97% to 58,980.72 as concerns grew over competitive pressure following the EU's free trade agreement announcement, which could lower luxury car import costs.

• Maruti lost 1.48%

• Tata Motors Passenger Vehicles declined 1.22%

• MRF dropped 1.20%

• Hero MotoCorp fell 0.24%

• Ashok Leyland slipped 0.05%

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 28 Jan 2026, 16:14 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

M&M closed −1.9% on the day of the news, from ₹3,449.20 to ₹3,384.40; Nifty +0.3% over the same session; futures OI +5.7%.

Bulletin at 16:14 IST on 28 Jan 2026. Every change is measured from ₹3,449.20, the last close before it, on 28 Jan. Nifty 50 is measured over the same sessions.

  • M&M close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
M&M closes around the bulletin against the close before the news, with Nifty 50 rebased to it313534493764axis spans 20%before the news · 28 Jan3449Nifty 50M&MbulletinD0+1+3+521 Jan2 Feb11 FebFutures open interest, lotspeak 1.0 LReference close ₹3,449.20. 16 sessions from 21 Jan to 11 Feb; the price axis spans 20 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before28 Jan₹3,449.20basebase
On the day29 Jan₹3,384.40▼ −1.9%▲ +0.3%−2.2 pp difference
+1 session30 Jan₹3,431.80▼ −0.5%▼ −0.1%−0.4 pp difference
+3 sessions2 Feb₹3,463.20▲ +0.4%▼ −1.0%+1.4 pp difference
+5 sessions4 Feb₹3,574.00▲ +3.6%▲ +1.7%+1.9 pp difference
Gap at the open, % · ₹
0.0%0.00 on 29 Jan
Day's range, % · ₹
4.6%≈ 160 high to low
Volume on the day
2.76×the 20-session average
Futures OI on the day
▲ +5.7%+5,300 lots · short build-up · price −1.9%
Futures OI open, lots
98,00029 Jan · 24 Feb expiry
Futures premium, ₹
+21.50+0.6% to spot
Puts per call, by OI
0.97from 1.13 the session before
Max pain
3,500from 3,500 the session before

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