Trinity of triggers! Can RBI rate cut, Budget boost and January sales spur auto stocks?

Maruti Suzuki leads with a 9% return since the Budget, followed by Mahindra & Mahindra and TVS Motor Company, each gaining nearly 6%. Exide Industries, Eicher Motors, Tata Motors, MRF, Hero MotoCorp, and Bajaj Auto have returned between 5% and 1%. Nifty Auto outperformed Nifty with 3.6% returns, making it the second-best sector, just behind Nifty Consumer Durable at 3.8%.