Stock market update: Auto stocks rise; Eicher Motors gains 3%

Out of 15 stocks in the index, 10 were trading with gains while 5 were trading with losses.
NEW DELHI: Auto stocks were trading on a positive note at 02:56PM (IST) on Wednesday.

Shares of Eicher Motors (up 2.92 per cent), Tata Motors (up 2.4 per cent), Balkrishna Industries (up 1.98 per cent), Bajaj Auto (up 1.62 per cent) and Bharat Forge (up 1.44 per cent) were among the top gainers.

While Hero MotoCorp (down 0.63 per cent), MRF (down 0.53 per cent), Bosch (down 0.32 per cent), Maruti Suzuki (down 0.31 per cent) and Exide Industries (down 0.1 per cent) were the top losers in the index.

The Nifty Auto index was trading 0.82 per cent up at 10550.05 around 02:56PM.

Benchmark NSE Nifty50 index was up 67.50 points at 15165.9, while the BSE Sensex was up 214.3 points at 51239.78.

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

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

Shares of KPR Mill, Graphite India, Astral Poly Tech, MindTree and Orchid Pharma hit their fresh 52week high in today’s trade, while B C Power Controls, Shrenik Ltd and Marine Electricals (India) hit fresh 52week low in trade.

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Source: Stock market update: Auto stocks rise; Eicher Motors gains 3%

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