Best auto stocks to buy ahead of Diwali 2026: Nuvama bets big on Eicher Motors, Hyundai and Tata Motors PV - Here's why

Nuvama favours Eicher Motors, Hyundai and Tata Motors’ passenger-vehicle business ahead of Diwali 2026, but expects growth to moderate in FY27’s second half. Early festive registrations are mixed: commercial vehicles and two-wheelers are up, while passenger vehicles are down.