BUZZ-India's June auto demand stays resilient despite challenges, brokerages say

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** India's June auto wholesales were solid for PVs and CVs despite supply-sides issues and fuel price inflation worries, BofA Securities says

** Auto demand remains strong post-GST rate cut; expects strength to continue through H1FY27 - CLSA

** EV penetration accelerating; expects adoption curve to steepen as upfront ownership economics of EVs increasingly converge with ICE vehicles - CLSA

** Gasoline price hikes in India have tapered off and concerns about weak total auto demand are easing, JP Morgan says

** Adds, Tata Motors PV TAMO.NS maintained second place in domestic sales as growing EV sales contributed

** Domestic volume growth outlook for TAMO stays positive; co likely to outperform industry, HSBC says

** Nifty auto index .NIFTYAUTO last up 0.9%; down 4% YTD