New Delhi, Feb. 20 -- Indian auto stocks have been among the biggest casualties of the sustained market sell-off, with once-favourite Dalal Street stocks now at the forefront of the decline, shedding significant market capitalisation as weak demand, margin pressures, and global economic uncertainties weigh on the sector.

The recent Union Budget 2025, which shifted its focus from capital expenditure (capex) to consumption by reducing the income tax exemption limit, along with the RBI's repo rate cut, has not helped auto stocks recover from their slump.

Additionally, auto sales for January remained mixed, and reports of Tesla's entry into India have further dampened investor sentiment, leading to one of the most prolonged selling phases f...