The On the 30-stock Sensex, shares of Auto stocks outperformed, with the sector index rising 0.8%, buoyed by gains of about 2% in slid 5%, extending a steep selloff after a 10% drop in the previous session, as a string of brokerage downgrades flagged pressure on earnings from the government’s cigarette tax increase. The decline in ITC weighed on the fast-moving consumer goods index, which fell 1.4%.Live EventsBroader market sentiment was mildly positive, with small-cap stocks up 0.2% and mid-cap shares ad ...