Auto Stocks Plunge for 4th Day, Nifty Auto Hits One-Month Low

• Nifty Auto index dropped 2% to a one-month low of 27,013.75, marking its fourth consecutive daily decline.
• The fall is attributed to demand worries, broader market risks, moderating volumes, and increasing dealer inventories.
• Experts like Siddharth Maurya and Naren Agarwal suggest the decline is a "sentiment reset" and "short-term de-risking" rather than fundamental deterioration.
• Hero MotoCorp shares fell over 5% after Jefferies downgraded the stock due to a 25-year low domestic two-wheeler market share.
• While most auto stocks declined, Ashok Leyland bucked the trend, gaining over 3% and hitting a new 52-week high.

Why It Matters: Auto sector faces short-term pressure from demand worries and market risks, but long-term fundamentals remain.