Stock market update: Nifty Auto index falls 1.27% in a weak market

The Nifty Auto index was trading 1.27 per cent down at 16005.1.

ETMarkets.com

Investors should therefore use dips towards 15,200-15,400 to their advantage to accumulate quality largecaps and midcaps.

NEW DELHI: The Nifty Auto index traded negative around 10:19AM(IST)on Thursday in a weak market.

Sona BLW Precision Forgings Ltd.(up 3.2 per cent) were among the top gainers.

Mahindra & Mahindra Ltd.(down 2.38 per cent), Ashok Leyland Ltd.(down 1.91 per cent), Balkrishna Industries Ltd.(down 1.66 per cent), Bharat Forge Ltd.(down 1.6 per cent) and Tube Investments of India Ltd.(down 1.4 per cent) were the top losers on the index.


The Nifty Auto index was down 1.27 per cent at 16005.1 at the time of writing this report.

Benchmark NSE Nifty50 index was down 206.95 points at 18915.2, while the BSE Sensex was down 661.82 points at 63387.24.

Among the 50 stocks in the Nifty index, 3 were trading in the green, while 47 were in the red.
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Shares of Vodafone Idea, Suzlon Energy, JP Power, YES Bank and Indian Railway Fin were among the most traded shares on the NSE.

Shares of Premier Poly, Kapston Facilities, Sical Logistics, Plaza Wires and Share India Sec hit their fresh 52-week highs in today's trade, while Jay Bharat Marut, Sai Silks(Kalamandi, Godha Cabcon & Insul, Adani Gas and Updater Service hit fresh 52-week lows in trade.
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