Auto stocks: Stock market update: Nifty Auto index slips over 1%; Ashok Leyland tanks 5%

NEW DELHI: Nifty Auto index were trading on a negative note at 02:15PM (IST) on Wednesday.

Shares of Ashok Leyland (down 4.67 per cent), TVS Motor Company (down 3.01 per cent), Bharat Forge (down 2.36 per cent), Hero MotoCorp (down 2.33 per cent) and Tata Motors (down 2.25 per cent) were the top losers in the index.

While Motherson Sumi Systems (up 0.54 per cent) was the sole gainer in the index.

The Nifty Auto index was trading 1.4 per cent down at 10205.65 around 02:15PM.

Benchmark NSE Nifty50 index was down 113.45 points at 14797.0, while the BSE Sensex was down 322.42 points at 50041.54.

Among the 50 stocks in the Nifty index, 7 were trading in the green, while 43 were in the red.

Shares of Vodafone Idea, PNB, ITC, YES Bank and Tata Power were among the most traded shares on the NSE.

Shares of Orchid Pharma , Adani Power, Dalmia Bharat, General Ins Corp and Intellect Design hit their fresh 52 week high in today’s trade, while B C Power Controls Ltd., Sanginita Chemicals Ltd., Jiya Eco Products Ltd., Tembo Global Industries Ltd., Deep Energy Resources Ltd. and Marine Electricals (India) Ltd. hit fresh 52 week low in trade.



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