Stock Market

Stock market update: Auto shares slump; Tata Motors dives 8%

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NEW DELHI: Shares of auto companies were trading in the red in Friday's morning session. Shares of Tata Motors (down 7.95 per cent), Tata Motors(DVR) (down 7.69 per cent), Bharat Forge (down 6.22 per cent), Ashok Leyland (down 5.86 per cent) and Amara Raja Batteries (down 5.16 per cent) were among the top losers in the index. Motherson Sumi Systems (down 4.86 per cent), Exide Industries (down 4.85 per cent), Bosch (down 4.37 per cent) and Apollo Tyres (down 3.73 per cent) too were trading with losses. The Nifty Auto index was trading 3.25 per cent down at 6,945.25 around 10:49 am.

Benchmark NSE Nifty50 index was down 336.65 points at 11,296.65, while the BSE Sensex was 1,119.8 points at 38,625.86.

Among the 50 stocks in the Nifty index, 2 were trading in the green, while 48 were in the red.

Shares of Vodafone Idea, YES Bank, Tata Motors, GMR Infra, SBI, Ashok Leyland, Bank of Baroda, SAIL, Indiabulls Housing and PNB were among the most traded shares on the NSE.




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Category: Stock Market


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