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Nifty Auto index slumps amid slowing passenger vehicle sales
short by / on Tuesday, 7 July, 2026
The Nifty Auto index dropped 1.85 percent to end at 23,410.20 points due to weak retail demand. Major manufacturers including Maruti Suzuki and Mahindra and Mahindra fell over 2 percent each after industry data revealed high dealer inventory levels. Market analysts indicate the index faces a crucial support level at the 23,100 mark.
read more at Finology