On June 18, the stock market saw a largely cautious mood in the electric vehicle (EV) and auto component sector. Most of the companies related to this space ended the day with minor losses, reflecting a mild downward trend in the segment.

Out of 21 tracked companies, 16 closed in the red, while only 5 ended with gains. This shows that the day leaned more towards a negative performance, although no major crash or panic was seen.

Key players like Amara Raja Energy & Mobility (₹990.50, down 0.56%), Bharat Electronics (₹400.50, down 0.31%), and Bharat Forge (₹1,297.80, down 0.21%) saw slight declines. These stocks often reflect the mood of the EV and defense-linked auto sector, and their drop suggests some profit booking or market hesitation.

Battery-focused companies such as Exide Industries (down 1.25%) and HBL Engineering (down 2.38%) also slipped. This could point to temporary investor concerns over input costs or global supply chain challenges. Similarly, Ola Electric Mobility Ltd. closed at ₹46.12, slipping 0.84%, continuing its post-IPO volatility.

Component manufacturers such as JBM Auto, Ramkrishna Forgings, and Greaves Cotton also ended the day lower, hinting at possible pressure from rising costs or lower short-term demand.

However, not all companies followed the same path. Stocks like Graphite India (up 2.89%), Gabriel India (up 2.15%), and Minda Corporation (up 2.09%) showed some investor confidence, possibly due to solid fundamentals or positive news in recent weeks.

Overall, while the market did not experience any sharp fall, the dominance of negative movement across EV-related stocks reflects a slightly bearish tone. The current trend indicates that investors are being cautious, perhaps waiting for more clarity on upcoming quarterly results, government policies, or international market signals.

The EV sector remains a space to watch, but for now, the mood seems to be one of careful observation rather than aggressive buying.

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