Nomura expects India's auto demand to rise 5‑10% yearly, driven by sweeping GST cuts soon.

• Auto index targets 5% weekly gain as price cuts boost OEM demand during the festive season.
• Mahindra, Ashok Leyland, and Maruti Suzuki show strong upside; TVS Motors favored for two-wheelers in 2025.
• Year‑to‑date NIFTYAUTO up 11%, outpacing Nifty 50’s 5.4% rise, confirming bullish trend for investors now.