Shares in automobile companies rose on Wednesday on hopes of buoyant demand during the September-to-December festive season.
Top car maker Maruti Suzuki rose 3.6 percent after Bank of America-Merrill Lynch upgraded it to buy from underperform.
Other stocks like Mahindra & Mahindra and Hero Honda gained 0.2 percent and 0.1 percent respectively. Stocks like Tata Motors slipped 0.6 percent.
Would you invest in auto stocks at this stage?