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Share market update: Auto stocks mixed; Eicher Motors slips 2%


NEW DELHI: Auto stocks were trading mixed during the last hour of Friday’s session.

The BSE Auto index was trading 0.32 per cent down at 24,568 around 02:30 pm.

Balkrishna Industries (down 3.33 per cent), Bharat Forge (down 2.07 per cent), Eicher Motors (down 1.73 per cent) and Ashok Leyland (down 1.05 per cent) were the top losers in the auto index.

Shares of Cummins India (down 0.98 per cent), Mahindra & Mahindra (down 0.89 per cent), Hero MotoCorp (down 0.84 per cent), MRF (down 0.79 per cent), Exide Industries (down 0.71 per cent) and Tata Motors (down 0.53 per cent) too were among the losers.

However, Bosch (up 1.59 per cent), Maruti Suzuki India (up 1.13 per cent), Apollo Tyres (up 1.13 per cent), Motherson Sumi Systems (up 0.21 per cent) and Bajaj Auto (up 0.10 per cent) were in the green around that time.

Benchmark BSE Sensex was up 17 points at 36,565, while the NSE Nifty50 index was down 4 points at 11,019.

Among the 50 stocks in Nifty index, 24 were trading in the green, while 26 were in the red.

In the Sensex index, 16 stocks were advancing, while 15 were declining.

Reliance Industries, Maruti Suzuki and Coal India were among the top gainers in the Sensex index.

On the other hand, Axis Bank, ONGC and ICICI Bank were leading among the Sensex losers.

Source: Economic Times