New Delhi, March 3 -- Auto stocks rallied on Monday, led by heavy gains in shares of Mahindra & Mahindra (M&M), Maruti Suzuki India, TVS Motors, Eicher Motors and others after the companies reported their wholesales data for the month of February 2025. Auto stocks rally lifted the Nifty Auto index by over 1%, making it among the top sectoral index gainers.

India's largest passenger vehicle maker Maruti Suzuki reported marginal growth while Hyundai Motor India and Tata Motors posted a decline in their sales in February as a slowdown in the market continued with demand remaining muted.

Maruti Suzuki share price gained less than a percent, while Tata Motors shares declined more than 1% and Hyundai Motor India stock plunged nearly 3% on Mar...