Stock market update: Nifty Auto index gains over 1%; M&M rallies 7%

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Stock market update: Nifty Auto index gains over 1%; M&M rallies 7%


NEW DELHI: Nifty Auto stocks were trading on a positive note at 01:11PM (IST) on Wednesday.

Shares of Mahindra & Mahindra (up 6.86 per cent), Bosch (up 3.07 per cent), Tata Motors (up 2.54 per cent), Bharat Forge (up 0.78 per cent) and Amara Raja Batteries (up 0.77 per cent) were among the top gainers.

While Exide Industries (down 0.93 per cent), Bajaj Auto (down 0.69 per cent), TVS Motor Company (down 0.6 per cent), Eicher Motors (down 0.57 per cent) and Motherson Sumi Systems (down 0.5 per cent) were the top losers in the index.

The Nifty Auto index was trading 1.29 per cent up at 10249.9 around 01:11PM.

Benchmark NSE Nifty50 index was up 0.05 points at 14563.5, while the BSE Sensex was down 45.74 points at 49471.37.

Among the 50 stocks in the Nifty index, 29 were trading in the green, while 21 were in the red.

Shares of Vodafone Idea, PNB, YES Bank, Tata Motors and BHEL were among the most traded shares on the NSE.

Shares of HUDCO, Bajaj Electricals, Tata Elxsi, M&M and DLF hit their fresh 52 week high in today’s trade, while Jump Networks Ltd., Vishal Fabrics Ltd, Shrenik Ltd, Salasar Exteriors and Contour Ltd. and Manav Infra Projects Ltd hit fresh 52 week low in trade.





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