Auto stocks on fast track in FY26; two have already doubled investors wealth
Auto stocks are outperforming the broader market in FY26, with the BSE Auto index up 32%. SML Mahindra and Force Motors have emerged as multibaggers, while strong demand and earnings visibility continue to support sector-wide momentum.
Japan's Nikkei rises as Uniqlo owner jumps on earnings, automakers gain
Japan's Nikkei share average closed higher on Friday. Fast Retailing's strong earnings fueled the rise. Automakers also saw gains due to a weaker yen and relief over China's export policy. The Nikkei climbed significantly for the week. Investors are now focused on US jobs data and its impact on monetary policy. Yaskawa Electric's results are also anticipated.
Why is the stock market falling? Indian equities extended losses for a fifth straight session, as global trade tensions and uncertainty over U.S. tariffs kept investors cautious. Markets are focused on the U.S. Supreme Court verdict on Trumps tariffs, which could have a major impact on IndiaU.S. trade relations and domestic market sentiment.
