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Market Now: Nifty Auto index down; Eicher Motors, Hero MotoCorp weigh

NEW DELHI: Auto sector stocks such as Eicher Motors (down 1…

NEW DELHI: Auto sector stocks such as Eicher Motors (down 1.23 per cent), Tata Motors (DVR) (down 1.14 per cent), Hero MotoCorp (down 0.78 per cent) and Bharat Forge (down 0.72 per cent) were trading in the negative zone in afternoon trade on Thursday, keeping the Nifty Auto index down.

The Nifty Auto index was trading 0.33 per cent down at 11,828 around 02:55 pm (IST).

Shares of Amara Raja Batteries (down 0.67 per cent), Exide Industries (down 0.63 per cent), TVS Motor Company (down 0.57 per cent), Tata Motors (down 0.45 per cent), Bosch (down 0.25 per cent) and Maruti Suzuki India (down 0.14 per cent) were also trading down.

However, shares of Ashok Leyland (up 1.97 per cent), Apollo Tyres (up 0.31 per cent), Motherson Sumi Systems (up 0.25 per cent), Mahindra & Mahindra (up 0.15 per cent), Bajaj Auto (up 0.10 per cent) and MRF (up 0.09 per cent) were trading up around that time.

Benchmark NSE Nifty50 index was 49 points up at 10,492, while the BSE Sensex was 150 points up at 33,943.

Among the 50 stocks in the Nifty50 index, 36 were trading in the green, while 12 were in the red. Two stocks were appearing unchanged.

Shares of NHPC, Punjab National Bank, State Bank of India, Steel Authority of India (SAIL), Bank of Baroda, Ashok Leyland, Bharat Heavy Electricals (BHEL), Idea Cellular, Oil and Natural Gas Corporation, Hindalco Industries, ITC and Tata Motors were among the most traded stocks on the NSE.

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