Stock market update: Nifty Auto index advances 0.67%

The Nifty Auto index closed 0.67 per cent up at 15578.9.

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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 Tuesday.

Shares of TVS Motor Company(up 2.32 per cent), Bharat Forge(up 1.99 per cent), Hero MotoCorp(up 1.92 per cent), Bajaj Auto(up 1.39 per cent) and Tata Motors(up 0.79 per cent) ended the day as top gainers in the pack.

On the other hand, Sona BLW Precision Forgings(down 1.76 per cent), TIINDIA(down 0.42 per cent) and Balkrishna Industries(down 0.03 per cent) finished as the top losers of the day.


The Nifty Auto index closed 0.67 per cent up at 15578.9.

Benchmark NSE Nifty50 index ended up 36.6 points at 19342.65, while the BSE Sensex stood up 79.22 points at 65075.82.

Among the 50 stocks in the Nifty index, 38 ended in the green, while 12 closed in the red.
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Shares of Vodafone Idea, Suzlon Energy, Reliance Power, JP Power and Indian Railway Fin were among the most traded shares on the NSE.

Shares of Gokaldas Export, Krishna Defence, A G Universal, Aristo Bio-Tech and Orient Press hit their fresh 52-week highs in today's trade, while The Mandhana Retail, Steel Exchange, Penta Gold, Vasa Retail & Overse and Omaxe hit their fresh 52-week lows.
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