Stock market update: Nifty Auto index advances 0.23%

The Nifty Auto index closed 0.23 per cent up at 12634.6.

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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 closed on a positive note on Thursday.

Shares of Eicher Motors(up 2.17 per cent), TVS Motor Company(up 1.69 per cent), Hero MotoCorp(up 0.95 per cent), Mahindra & Mahindra(up 0.8 per cent) and Bharat Forge(up 0.49 per cent) ended the day as top gainers in the pack.

On the other hand, Tata Motors(down 1.38 per cent), Bosch(down 1.17 per cent), TIINDIA(down 0.98 per cent), Sona BLW Precision Forgings(down 0.61 per cent) and Bajaj Auto(down 0.5 per cent) finished as the top losers of the day.


The Nifty Auto index closed 0.23 per cent up at 12634.6.

Benchmark NSE Nifty50 index ended up 68.5 points at 18191.0, while the BSE Sensex stood up 223.6 points at 61133.88.

Among the 50 stocks in the Nifty index, 31 ended in the green, while 18 closed in the red.
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Shares of YES Bank, IOB, PNB, Suzlon Energy and Vodafone Idea were among the most traded shares on the NSE.

Shares of Uma Converter Ltd., Arihant Academy Ltd., HEC Infra Projects, Sandesh Ltd and Swastik Pipe Ltd. hit their fresh 52-week highs in today's trade, while Shaily Engg Pla, Kavveri Telecom, Sintex Inds., Godha Cabcon & Insul and Abans Holdings Ltd. hit their fresh 52-week lows.
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