Stock Market

Share market update: Auto stocks rise up to 3%; Balkrishna Industries, Eicher Motors among top gainers

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NEW DELHI: Most auto auto ancillary stocks were trading in the positive territory in afternoon trade on Wednesday. The BSE Auto index was trading 0.35 per cent up at 23,987 around 02:25 pm.

Shares of Cummins India (up 3.16 per cent), Bosch (up 2.57 per cent), Balkrishna Industries (up 2.55 per cent) and Eicher Motors (up 1.92 per cent) were the top gainers in the index. Shares of Bharat Forge (up 1.31 per cent), Bajaj Auto (up 1.20 per cent), TVS Motor Company (up 0.94 per cent), Exide Industries (up 0.67 per cent), Ashok Leyland (up 0.55 per cent), Maruti Suzuki India (up 0.14 per cent) and Apollo Tyres (up 0.09 per cent) too were in the green. However, Tata Motors (down 1.33 per cent), MRF (down 1.07 per cent), Hero MotoCorp (down 0.38 per cent), Mahindra Mahindra (down 0.29 per cent) and Motherson Sumi Systems (down 0.12 per cent) were down in the index.

Benchmark BSE Sensex was up 300 points at 37,713, while the NSE Nifty50 index was up 84 points at 11,372.

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

In the Sensex index, 19 stocks were advancing and 12 were declining. Sun Pharma, Adani Ports, PowerGrid and Hindustan Unilever were leading among the Sensex gainers.




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Category: Stock Market


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