Nifty Auto plummets nearly 3% as M&M, Tata Motors fall sharply; Maruti Suzuki hits new record high | Stock Market News - Mint

Nifty Auto index dropped nearly 3% due to M&M’s sharp decline after announcing price cuts. Tata Motors also reduced prices on SUVs. Maruti Suzuki, however, surged to a new high on registration fee waiver for hybrid cars.