Shares of Indian automakers rose on Monday. Strong sales data for October highlighted the resilience of demand during the holiday season. Analysts pointed out that as rising investment costs are putting pressure on passenger car manufacturers, they are currently more optimistic about two-wheeler and commercial vehicle manufacturers. The Nifty Auto Index rose 1.2%. In terms of individual stocks, Maruti Suzuki's stock price rose 2.82% to 11,718 rupees; TVS Motor rose 2.01% to 4,279.6 rupees; and Tata Passenger Cars rose 2.13% to 271.05 rupees.

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