Nifty Auto Falls 1.23% on June 8, 2026: Why Ashok Leyland, M&M, Maruti and Other Auto Stocks Are Declining

Nifty Auto fell 1.23% to 25,845.35 on June 8, 2026, making it one of the worst-performing sectoral indices of the session as a combination of Brent crude spiking to $97 per barrel, elevated input cost pressures and macro demand uncertainty pushed the auto sector sharply lower. Ashok Leyland led losses, falling 2.55% to Rs 141.58, followed by Tata Motors Passenger Vehicles (TMPV) at -2.24% to Rs 388.90 and Exide Industries at -2.06% to Rs 391.30. Broader vehicle manufacturers including M&M (-1.99%), Sonacoms (-1.80%), Unominda (-1.83%) and Motherson (-1.51%) also fell sharply.

The Nifty Auto selloff on June 8 comes after a period of elevated profitability for the sector, and the convergence of rising fuel prices, higher raw material costs from metals and rubber, and fears of a Federal Reserve rate hike dampening consumer spending creates a challenging near-term environment for auto stocks.

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Stock	Symbol	CMP	Change (%)	Segment
Ashok Leyland	ASHOKLEY	Rs 141.58	-2.55%	Commercial Vehicles
Tata Motors (PV)	TMPV	Rs 388.90	-2.24%	Passenger Vehicles
Exide Industries	EXIDEIND	Rs 391.30	-2.06%	Auto Ancillaries (Batteries)
Mahindra & Mahindra	M&M	Rs 2,980.10	-1.99%	Passenger Vehicles / Tractors
UNO Minda	UNOMINDA	Rs 1,070.00	-1.83%	Auto Ancillaries
Sona BLW Precisions	SONACOMS	Rs 591.45	-1.80%	Auto Ancillaries (EV)
Motherson Sumi	MOTHERSON	Rs 141.39	-1.51%	Auto Ancillaries
TVS Motor	TVSMOTOR	Rs 3,350.80	-0.98%	Two Wheelers
Bajaj Auto	BAJAJ-AUTO	Rs 10,260.00	-0.79%	Two Wheelers
Maruti Suzuki	MARUTI	Rs 12,955.00	-0.73%	Passenger Vehicles

Why Is Nifty Auto Falling Today on June 8, 2026

Brent Crude at $97 Raises Fuel and Input Costs Across Auto Sector

The the index is under sharp pressure as Brent crude oil crossed $97 per barrel on June 8, 2026. For the auto sector, this creates a multi-layered cost problem. Vehicle manufacturers face higher commodity costs: crude oil is a key feedstock for rubber (tyres), plastics (interior and exterior components), lubricants, and petrochemical-based paints. Auto ancillaries with high crude-linked material exposure, such as Motherson Sumi and UNO Minda, are particularly vulnerable. At the same time, higher retail fuel prices reduce consumer disposable income available for vehicle purchases, especially in the price-sensitive two-wheeler and entry-level car segments.

Federal Reserve Rate Hike Fears Dampen Consumer Financing Outlook

The strong US May nonfarm payroll report released on June 5, 2026, showed 172,000 jobs added against a forecast of 85,000. This has significantly raised expectations of a Federal Reserve rate hike, which typically leads to tighter global monetary conditions. In India, the transmission effect on vehicle loan rates is a meaningful concern for the Nifty Auto outlook: an increase in auto loan EMIs directly reduces affordability and demand, particularly for commercial vehicles and premium passenger cars where financing penetration is high. Ashok Leyland’s 2.55% fall reflects specific concern about commercial vehicle demand softening if credit costs rise.

Commercial Vehicles Under Freight Demand Pressure

The commercial vehicle segment, led by Ashok Leyland and the TMPV segment of Tata Motors, is bearing the brunt of the Nifty Auto fall today. Higher diesel prices from the crude oil spike increase fleet operator costs, reducing the freight rate economics that drive CV purchasing decisions. Fleet operators who were cycling into replacement demand may defer purchases until fuel costs stabilise, compressing near-term CV volumes. This is a direct and well-understood transmission mechanism that investors are pricing into CV-heavy stocks.

EV Transition Uncertainty Adding Sector-Level Anxiety

EV-focused auto ancillaries like Sona BLW Precisions (-1.80%) and UNO Minda (-1.83%) are also falling, partly because rising crude oil complicates the EV transition narrative. When oil prices are elevated, near-term ICE vehicle demand may hold up, but the raw material cost profile for EV batteries and power electronics also worsens as commodity prices spike. This creates uncertainty about EV economics that weighs on Nifty Auto sector valuations broadly.

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The the index at 25,845.35 is down 1.23% intraday. The sector’s short-term outlook depends heavily on two macro variables: the direction of crude oil prices and the Federal Reserve’s policy communication this week, particularly around the May CPI data. A retreat in Brent below $90 would ease input cost fears and support a recovery across the the index. For commercial vehicle names like Ashok Leyland, the government’s infrastructure capex continuation is a structural positive that could absorb near-term CV demand softness.

Conclusion

Nifty Auto is down 1.23% on June 8, 2026, with Ashok Leyland, TMPV, M&M and Exide Industries leading the sector lower as Brent crude crosses $97 and Federal Reserve rate hike fears dampen consumer financing sentiment. The sector is caught between rising input costs and weakening demand affordability. Investors should monitor crude oil direction and May US CPI data as near-term triggers for the the index. This is not investment advice.

Frequently Asked Questions on Nifty Auto Today

Why is Nifty Auto falling today on June 8, 2026?

Ans. Nifty Auto is falling 1.23% to 25,845.35 on June 8, 2026, due to Brent crude crossing $97 per barrel (raising rubber, plastics and fuel costs), Federal Reserve rate hike fears (dampening auto loan affordability), and commercial vehicle demand uncertainty. Ashok Leyland leads losses at -2.55%, followed by TMPV at -2.24% and M&M at -1.99%.

Which auto stocks are falling the most today?

Ans. The biggest the index losers on June 8, 2026 are Ashok Leyland (-2.55% to Rs 141.58), Tata Motors PV (-2.24% to Rs 388.90), Exide Industries (-2.06% to Rs 391.30), Mahindra and Mahindra (-1.99% to Rs 2,980.10), UNO Minda (-1.83% to Rs 1,070) and Sona BLW Precisions (-1.80% to Rs 591.45).

How does crude oil affect auto stocks in India?

Ans. Crude oil affects auto stocks in multiple ways: it raises input costs for rubber (tyres), plastics (components), lubricants and petrochemical-based raw materials; it increases retail fuel prices which reduce consumer disposable income for vehicle purchases; and it raises fleet operator fuel costs for commercial vehicles, which delays replacement buying. Higher crude is consistently negative for the the index.

What is the index level today?

Ans. Nifty Auto is trading at 25,845.35 on June 8, 2026, down 1.23% from its previous close. The index is one of the worst-performing sectoral indices today, with most constituent stocks in the red. Verify the latest Nifty Auto level on NSE at nseindia.com before making any investment decisions.

Why is Ashok Leyland share price falling today?

Ans. Ashok Leyland share price is falling 2.55% to Rs 141.58 on June 8, 2026, as Brent crude crossing $97 raises diesel prices, increasing fleet operator costs and reducing commercial vehicle buying demand. Federal Reserve rate hike expectations also tighten auto financing conditions, adding further pressure on CV demand outlook.

Why is M&M share price falling today?

Ans. Mahindra and Mahindra (M&M) share price is falling 1.99% to Rs 2,980.10 on June 8, 2026, as part of the broad Nifty Auto selloff driven by crude oil spike, input cost concerns and macro demand uncertainty. M&M has exposure to both passenger vehicles and tractors, and rising fuel and borrowing costs create dual headwinds for both segments.

Will Nifty Auto sector recover from this decline?

Ans. A Nifty Auto sector recovery depends on crude oil retreating from current $97 levels, Federal Reserve policy signals on interest rates (May CPI data due this week), and government infrastructure capex for commercial vehicle demand. The sector has strong structural growth drivers in India’s rising vehicle penetration. This does not constitute investment advice.

Should I buy auto stocks now after the fall?

Ans. This article does not constitute investment advice. While the Nifty Auto correction offers lower entry points, the near-term macro headwinds from elevated crude and potential rate hikes remain active. Investors should assess individual company fundamentals, their exposure to crude oil input costs, and await clarity on the Federal Reserve’s June policy signals. Consult a SEBI-registered advisor.