India, Sept. 4 -- A guage of India's auto stocks, which includes Maruti Suzuki India Ltd., Tata Motors Ltd. and Mahindra & Mahindra Ltd., jumped to the highest level in nearly 11 months after the government slashed GST on cars.

Auto shares were the top sectoral gainers on the benchmark Nifty 50 index, which was trading 0.7% higher.

On Wednesday, the GST Council approved lower taxes on hundreds of items-from soaps to small cars-to spur domestic demand in the face of steep US tariffs. The GST on small cars has been reduced to 18% from 28%.

Most stocks on the auto index were trading in the green, with M&M and Eicher Motors Ltd. leading gains. The stocks were up 7.4% and 3.1%, respectively.

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