Auto stocks rose after the finance minister reduced excise duty on cars, sports utility vehicles (SUVs) and two wheelers. M&M (up 0.17%), Maruti Suzuki India (up 0.14%), Ashok Leyland (up 0.96%), Hero MotoCorp and TVS Motor Company (up 1.25%) gained. Tata Motors (down 0.72%) and Bajaj Auto (Down 1.29%) declined.