Stock Market

Stock market update: Auto stocks mixed; Maruti up, but Tata Motors cracks 4%

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NEW DELHI: Auto stocks were trading mixed in afternoon trade on Thursday. Shares of Tata Motors (down 3.72 per cent), Motherson Sumi Systems (down 3.18 per cent), Apollo Tyres (down 1.67 per cent) and Bajaj Auto (down 1.52 per cent) were suffering losses. Balkrishna Industries (down 1.31 per cent), Hero MotoCorp (down 0.76 per cent), Bharat Forge (down 0.65 per cent) and Bosch (down 0.12 per cent) also failed to perform.

The BSE Auto index was trading 0.21 per cent down at 24,558 around 02:25 pm.

However, Cummins India (up 2.83 per cent), Ashok Leyland (up 1.91 per cent), Maruti Suzuki India (up 1.41 per cent) and TVS Motor Company (up 0.94 per cent) were in the positive territory. Eicher Motors (up 0.45 per cent), Mahindra Mahindra (up 0.21 per cent), MRF (up 0.14 per cent) and Exide Industries (up 0.12 per cent) also climbed. Benchmark BSE Sensex was up 55 points at 38,341, while the NSE Nifty50 index was up 8 points at 11,579.

Among the 50 stocks in the Nifty index, 23 were trading in the green, while 27 were in the red.

In the Sensex kitty, 14 stocks were advancing, while 17 were declining. Larsen Toubro, Reliance Industries and NTPC were among the top gainers in the Sensex index. Tata Motors, Vedanta and Tata Steel were among the top losers in the Sensex pack.




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Category: Stock Market


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