Stock market update: Nifty Auto index falls 0.61%

The Nifty Auto index closed 0.61 per cent down at 13154.35.

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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 negative note on Monday.

Shares of Bajaj Auto(up 1.35 per cent), Eicher Motors(up 1.25 per cent), Ashok Leyland(up 1.22 per cent) and Bharat Forge(up 0.8 per cent) ended the day as top gainers in the pack.

On the other hand, Balkrishna Industries(down 11.09 per cent), Sona BLW Precision Forgings(down 2.18 per cent), Tata Motors(down 1.08 per cent), TIINDIA(down 1.07 per cent) and Mahindra & Mahindra(down 0.91 per cent) finished as the top losers of the day.


The Nifty Auto index closed 0.61 per cent down at 13154.35.

Benchmark NSE Nifty50 index ended down 85.6 points at 17770.9, while the BSE Sensex stood down 250.86 points at 60431.84.

Among the 50 stocks in the Nifty index, 18 ended in the green, while 32 closed in the red.
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Shares of YES Bank, Zomato Ltd., Tata Steel, PNB and Vodafone Idea were among the most traded shares on the NSE.

Shares of Motor Gen Fin, Geekay Wires, Chaman Lal Setia, Manaksia Ltd and Hilton Metal hit their fresh 52-week highs in today's trade, while Kanpur Plastip, Precot Meridian, Excel Ind, Elin Electronics Ltd. and Sanwaria Consumer hit their fresh 52-week lows.
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