Financials lead rise in Indian shares; Tata Motors caps gains

Samvardhana Motherson International

27/03/2025 07:42

** India's benchmark indexes NSE Nifty 50 .NSEI and BSE Sensex .BSESN rise 0.4%, led by financials as foreign inflows resume, while auto stocks slump on U.S. tariff concerns

** Eleven of the 13 major sectors advance; smallcaps .NIFSMCP100 and midcaps .NIFMDCP100 about 0.2% higher

** Financials .NIFTYFIN rise 0.9% as foreign investors  bought Indian shares over the last five sessions, capitalizing on attractive valuations

** Auto index .NIFTYAUTO down 1%, dragged by a 5.4% drop in Tata Motors TAMO.NS after U.S. President Donald Trump announced a 25% tariff on auto imports from April 3

** TAMO exports a significant chunk of its money-making Jaguar Land Rover cars to the U.S.

** Auto parts makers Samvardhana Motherson SAMD.NS, Sona BLW SONB.NS fall 3% and 6% while Bharat Forge BFRG.NS drops 1%

** CLSA says SONB and BFRG earn about 40% of their revenue from the U.S., making them vulnerable to higher tariffs

** TAMO and SAMD earn 31% and 15% revenue from U.S., CLSA estimates

 (Reporting by Bharath Rajeswaran in Bengaluru)

 ((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))