Stock market update: Nifty Auto index advances 0.19% in an upbeat market

The Nifty Auto index was trading 0.19 per cent up at 15796.1.

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Nagaraj Shetti, Technical Research Analyst at HDFC Securities, believes Monday's pattern could be considered as a High Wave, which reflects high volatility in the market at swing highs.
NEW DELHI: The Nifty Auto index traded positive around 11:20AM(IST)on Wednesday in an upbeat market.

Balkrishna Industries(up 1.62 per cent), Samvardhana Motherson International(up 1.32 per cent), Tata Motors(up 1.18 per cent), Sona BLW Precision Forgings(up 0.72 per cent) and Eicher Motors(up 0.65 per cent) were among the top gainers.

Ashok Leyland(down 0.82 per cent), Mahindra & Mahindra(down 0.49 per cent), TIINDIA(down 0.37 per cent), Maruti Suzuki(down 0.29 per cent) and Bharat Forge(down 0.01 per cent) were the top losers on the index.


The Nifty Auto index was up 0.19 per cent at 15796.1 at the time of writing this report.

Benchmark NSE Nifty50 index was up 114.05 points at 19794.65, while the BSE Sensex was up 429.1 points at 66784.81.

Among the 50 stocks in the Nifty index, 35 were trading in the green, while 13 were in the red.
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Shares of YES Bank, Indian Railway Fin, Vodafone Idea, Reliance Power and PNB were among the most traded shares on the NSE.

Shares of Jain Irrigation(DVR), Tata Motors(DVR), IRIS Business Servic, Orient Green Pwr and Zodiac Clothing hit their fresh 52-week highs in today's trade, while BKM Industries, Synoptics Technologi, Orient Bell, Vinny Overseas and Jalan Transolutions hit fresh 52-week lows in trade.
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