Stock market update: Nifty Auto index advances 1.22%

The Nifty Auto index closed 1.22 per cent up at 22074.9.

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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 Thursday.

Shares of Exide Industries Ltd.(up 3.0 per cent), Mahindra & Mahindra Ltd.(up 2.98 per cent), Samvardhana Motherson International Ltd.(up 2.61 per cent), Bajaj Auto Ltd.(up 1.78 per cent) and Balkrishna Industries Ltd.(up 1.74 per cent) ended the day as top gainers in the pack.

On the other hand, Maruti Suzuki India Ltd.(down 1.94 per cent) finished as the top losers of the day.


The Nifty Auto index closed 1.22 per cent up at 22074.9.

Benchmark NSE Nifty50 index ended down 19.75 points at 22913.15, while the BSE Sensex stood down 203.22 points at 75735.96.

Among the 50 stocks in the Nifty index, 27 ended in the green, while 23 closed in the red.
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Shares of Vodafone Idea, Piramal Pharma, NHPC, YES Bank and Suzlon Energy were among the most traded shares on the NSE.

Shares of Deccan Cements, Denta Water and Infr, Shree Rama News, Nitiraj Engineers and Madhya Bharat Agro hit their fresh 52-week highs in today's trade, while Suratwwala Business, Ankit Metal Pwr, Sanco Industries, Astron Paper & Board and Par Drugs & Chemical hit their fresh 52-week lows.
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