Home Market Stock market update: Bajaj Auto, Maruti drive Nifty Auto index up

Stock market update: Bajaj Auto, Maruti drive Nifty Auto index up


NEW DELHI: Auto stocks Ashok Leyland (up 2.29 per cent), Bajaj Auto (up 1.74 per cent), Balkrishna Industries (up 1.72 per cent) and Cummins India (up 1.53 per cent) were trading in the positive territory during afternoon trade on Tuesday.

Shares of Apollo Tyres (up 1.28 per cent), Maruti Suzuki India (up 1.17 per cent), Exide Industries (up 1.08 per cent), Eicher Motors (up 0.90 per cent), Motherson Sumi Systems (up 0.86 per cent) and Tata Motors (up 0.27 per cent) were also gaining in trade.

The BSE Auto index was trading 0.51 per cent up at 24,981 around 02:30 pm.

However, Hero MotoCorp (down 1.17 per cent), Bharat Forge (down 0.97 per cent), Bosch (down 0.85 per cent), TVS Motor Company (down 0.84 per cent) and Mahindra & Mahindra (down 0.38 per cent) were incurring losses.

Gains in heavyweights including Reliance Industries, HDFC Bank, ITC, Maruti, ICICI Bank and Axis Bank were keeping the benchmark indices up.

The BSE Sensex was up 223 points at 36,158, while the NSE Nifty50 index was up 67 points at 10,920.

Among the 50 stocks in the Nifty index, 32 were trading in the green, while 18 were in the red.

In the Sensex index, 20 stocks were advancing, while 11 were declining.

Reliance Industries, Coal India and Tata Steel were leading among Sensex gainers.

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