Never miss a great news story!
Get instant notifications from Economic Times
AllowNot now


You can switch off notifications anytime using browser settings.
12,086.70114.9
Stock Analysis, IPO, Mutual Funds, Bonds & More

Stock market update: Auto stocks mixed; M&M, Tata Motors up, but Eicher Motors suffers

The BSE Auto index was trading flat at 24,267 around 12:30 pm.

ETMarkets.com|
Updated: Jul 30, 2018, 12.41 PM IST
0Comments
ThinkStock Photos
Stock market update: Auto stocks mixed; M&M, Tata Motors up, but Eicher Motors suffers
In the Sensex kitty, 19 stocks were advancing, while 12 were declining.
NEW DELHI: Auto stocks were trading mixed in afternoon trade on Monday.

The BSE Auto index was trading flat at 24,267 around 12:30 pm.

Shares of Mahindra & Mahindra (M&M) (up 1.84 per cent), Motherson Sumi Systems (up 1.34 per cent) and Tata Motors (up 0.97 per cent) were the top gainers in the auto index.

Bosch (up 0.37 per cent), Balkrishna Industries (up 0.34 per cent), Hero MotoCorp (up 0.18 per cent), Bajaj Auto (up 0.15 per cent) and Exide Industries (up 0.11 per cent) too were in the green.

On the other hand, TVS Motor Company (down 2.49 per cent), Bharat Forge (down 1.86 per cent), MRF (down 1.82 per cent) and Eicher Motors (down 1.41 per cent) were the top losers in the auto index.

Maruti Suzuki India (down 0.52 per cent), Apollo Tyres (down 0.43 per cent) and Cummins India (down 0.15 per cent) too were in the red.

Stock market was reflecting cautious sentiment ahead of RBI policy meet.

Benchmark BSE Sensex was up 55 points at 37,392, while the NSE Nifty50 index was up 10 points at 11,288.

In the Sensex kitty, 19 stocks were advancing, while 12 were declining.

ICICI Bank, State Bank of India and Vedanta were leading among Sensex gainers.

HDFC Bank, Larsen & Toubro and Infosys were among the top losers in the Sensex pack.

Also Read

Auto stocks may find it difficult to sustain rally

Sameer Narayan on Titan, Zee, Glenmark and auto stocks

Time to hold, not sell auto stocks: Devang Mehta, Centrum India

Share market update: Auto stocks up ahead of RBI's policy outcome

Correction in auto stocks not enough to turn optimistic: CLSA

Comments
Add Your Comments
Commenting feature is disabled in your country/region.
Download The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.

Other useful Links


Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service