Nifty EV & New Age Automotive Index: Price, Returns, and Sector News
The Nifty EV & New Age Automotive Index, a thematic index on the National Stock Exchange (NSE), is gaining significant traction among investors. It is designed to track the performance of companies that are at the forefront of the electric vehicle (EV) ecosystem and the evolution of modern transportation. This article covers the latest Nifty EV share price, its performance, and recent news driving this dynamic sector.
Today's Nifty EV & New Age Automotive Index Price
As of the market close on 3rd June 2025, the Nifty EV & New Age Automotive Index stood at Rs. 2,896.20.
For the most current, regularly updated Nifty EV share price today, please refer to the live ticker section located above on this page. That section provides a real-time share price summary, including the top gainer and loser stocks daily from the NSE Nifty EV index.
Nifty EV & New Age Automotive Index Historical Returns
The historical performance of the index as of early June 2025 reflects strong investor interest and growth in the sector.
- 1 Week: -1.58%
- 1 Month: +4.66%
- 3 Months: +13.87%
- 6 Months: +8.08%
- 1 Year: Data Not Available
The index has delivered impressive returns over the last few months, with a notable gain of nearly 14% over a three-month period. While the past week shows a slight correction, the overall trend highlights the high-growth nature of this thematic index. This performance is a key part of the broader India stock market index performance story, indicating a shift in investor focus towards future-oriented sectors.
Nifty EV & New Age Automotive Index News and Updates
The EV and automotive sector has been buzzing with several key developments in early June 2025, directly impacting the index.
A significant positive driver has been the strong performance of auto stocks in the broader market. On 4th June 2025, the auto sector was among the top gainers, with key index constituents like Mahindra & Mahindra and Tata Motors seeing positive momentum. This reflects a bullish sentiment on vehicle sales, festive season demand, and the ongoing premiumisation trend in the Indian auto market.
Furthermore, government policies remain a crucial factor affecting the Nifty EV share price. Consistent support through subsidies, tax incentives, and the push for developing a robust charging infrastructure are foundational to the sector's growth. News on advancements in battery technology and new model launches from companies in the Nifty EV stocks list also continue to fuel investor interest. Companies like Tata Motors, M&M, and auto ancillary players like UNO Minda and Bharat Forge are all pivotal to the performance of this index.