Nifty Auto jumps 3% as Ashok Leyland surges 9%

The Nifty Auto index rallied nearly 3% on Thursday, supported by a sharp decline in global crude oil prices and improved market sentiment. Ashok Leyland shares jumped 9% to ₹168, while Maruti Suzuki gained 4.7%, Tata Motors Passenger Vehicles rose 4.5% and Mahindra & Mahindra advanced 3.4%. Lower oil prices could ease transport and manufacturing costs.