Tata Motors led the pack with a gain of over 5%, while Mahindra and Mahindra (M&M) climbed nearly 4%. Maruti Suzuki advanced close to 2%, and other prominent names such as Eicher Motors, Bajaj Auto, ...

Tata Motors led the gains on the Sensex, jumping 5.03% in early trade. Other auto stocks such as Mahindra & Mahindra also performed well, rising 3.74%.

Media report suggests President Donald Trump is considering possible exemptions to his tariffs on imported vehicles and parts to give auto companies more time to set up US manufacturing.

The BSE Sensex was trading at 76,732.73, up 1,575.47 points or 2.10 per cent. Tata Motors climbed 5 per cent to Rs 625 and was the top Sensex gainer.