Search+Investment IdeasRepresentational image.SynopsisThere are sectors that have not quite followed the war script. Take the auto sector, for instance. A surge in oil prices is supposed to be a dampener for discretionary buying. But auto sales have remained strong through the US-Iran conflict, maintaining the momentum provided by the GST rate cut of last year. What explains this? Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components – earnings, fundamentals, relative valuation, risk, and price momentum – to generate standardised scores. SR+ Reports is a complimentary offering to ETPrime members.While it is not always true, there are times when it pays to be attentive to stock price action – it might be indicating something about fundamentals and underlying operating matrix of the sector.Auto stocks may be entering one such phase. The auto sector had an obvious trigger: Lower GST rates on key categories. The assumption was that the benefit would be visible around the festive season last year and then fade into normal demand.The sales ETMarkets.com 14 mins read, Last Updated: Jun 17, 2026, 11:42:00 AM ISTGift this Story to your friendsFONT SIZEAbcSmallAbcMediumAbcLargeSAVEPRINTCOMMENTContinue reading with one of these options:Limited AccessFreeLogin to get access to some exclusive stories & personalised newslettersLogin NowUnlimited AccessStarting @ Rs120/monthGet access to exclusive stories, expert opinions & in-depth stock reportsSubscribe NowETUh-oh! This is an exclusive story available for selected readers only.Worry not. You’re just a step away.What’s Included withETPrime Membership