Indian auto stocks climb up to 4% as Brent slides 1.7% to USD 72.5 a barrel; Maruti and Uno Minda lead

Indian auto and auto-ancillary shares rose, with some stocks up as much as 4%, as easing crude prices lifted sentiment on Thursday. The Nifty Auto index gained as much as 2% during the session, with Maruti Suzuki India and Uno Minda among the leading advancers. Brent crude fell 1.7% to USD 72.5 a barrel after tanker movement resumed through the Strait of Hormuz following an initial US-Iran peace agreement.

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