Stock market update: Nifty Auto index advances 0.24% in a weak market

NEW DELHI: The Nifty Auto index traded positive around 11:28AM(IST)on Wednesday in a weak market.

Balkrishna Industries Ltd.(up 3.75 per cent), MRF Ltd.(up 1.48 per cent), Maruti Suzuki India Ltd.(up 0.78 per cent), Hero MotoCorp Ltd.(up 0.69 per cent) and Tata Motors Ltd.(up 0.41 per cent) were among the top gainers.

Tube Investments of India Ltd.(down 1.27 per cent), Exide Industries Ltd.(down 0.5 per cent), Bajaj Auto Ltd.(down 0.48 per cent), TVS Motor Company Ltd.(down 0.28 per cent) and Bharat Forge Ltd.(down 0.06 per cent) were the top losers on the index.


The Nifty Auto index was up 0.24 per cent at 23880.65 at the time of writing this report.

Benchmark NSE Nifty50 index was down 46.05 points at 25495.75, while the BSE Sensex was down 139.92 points at 83557.37.

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

Shares of Vodafone Idea, RattanIndia Power, PC Jeweller, JP Power and Sagility India were among the most traded shares on the NSE.

Shares of Gabriel India, TN Telecom, NACL Industries, Reliance Naval & Engg and Kalyani Commercials hit their fresh 52-week highs in today's trade, while Stampede Cap(DVR), Sadhana Nitro, Jindal Worldwide, Raymond Realty and Kalpataru hit fresh 52-week lows in trade.