Stock market update: Nifty Auto index falls 0.06% in a weak market

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NEW DELHI: The Nifty Auto index traded negative around 10:04AM(IST)on Wednesday in a weak market.

Balkrishna Industries(up 1.52 per cent), Tata Motors(up 0.87 per cent), Escorts(up 0.72 per cent), Bharat Forge(up 0.55 per cent) and Maruti Suzuki(up 0.45 per cent) were among the top gainers.

Sona BLW Precision Forgings(down 1.45 per cent), Eicher Motors(down 1.43 per cent), Bajaj Auto(down 1.14 per cent), Hero MotoCorp(down 0.75 per cent) and Bosch(down 0.57 per cent) were the top losers on the index.

The Nifty Auto index was down 0.06 per cent at 10931.65 at the time of writing this report.

Benchmark NSE Nifty50 index was down 37.95 points at 17031.15, while the BSE Sensex was down 110.45 points at 56865.54.

Among the 50 stocks in the Nifty index, 20 were trading in the green, while 30 were in the red.

Shares of Vodafone Idea, YES Bank, NLC India, MRPL and TV18 Broadcast were among the most traded shares on the NSE.

Shares of Sumitomo Chemical, Cupid Ltd, GSS Infotech, Swaraj Suiting Ltd. and Veranda Learning Solutions Ltd. hit their fresh 52-week highs in today’s trade, while Future Retail, Zee Learn, Future Enterprises (DVR), Future Enterprises and Innovative Tyres & T hit fresh 52-week lows in trade.