Indian auto stocks head for worst week in over 2-1/2 years
** Indian auto stocks .NIFTYAUTO down ~1.5%, extending weekly losses to 6.2%
** Index headed for worst week since Feb 2022
** Top weighted Maruti Suzuki MRTI.NS, Mahindra & Mahindra MAHM.NS and Tata Motors TAMO.NS drop between 3.1% and 7%
** Analysts flag weak demand for cars and broader market weakness, incl due to FII outflows
** MRTI's 7% weekly drop is its biggest since Feb 2022
** Two-wheeler stocks Bajaj Auto BAJA.NS, Hero MotoCorp HROM.NS and TVS Motor TVSM.NS down between 7% and 10%
** Still, most stocks on 15-member index rated "buy" or "hold" -LSEG data
** Top YTD performers: MAHM up 75.4% YTD and BAJA up 72.3%
** MRTI and TAMO up 22% and 19% YTD, trailing index's 39% jump
Reporting by Nandan Mandayam in Bengaluru
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