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Read more about Auto stocks plunge on Business Standard. Auto stocks were trading in red, with the S&P BSE Auto index decreasing 493.46 points or 2.02% at 23936.2 at 13:48 IST.
NEW DELHI: Nifty Auto index was trading lower at 01:55PM (IST) on Thursday. Shares of Motherson Sumi Systems (down 3.15 per cent), Balkrishna Industries (down 2.74 per cent), Mahindra & Mahindra (down 2.13 per cent), Hero MotoCorp (down 2.09 per cent) and Ashok Leyland (down 2.0 per cent) were the top losers in the index. While Exide Industries (up 0.29 per cent), Bosch (up 0.08 per cent) and Maruti Suzuki (up 0.02 per cent) were among the top gainers. The Nifty Auto index was trading 1.31 per cent down at 10831.15 around 01:55PM. Benchmark NSE Nifty50 index was down 112.20 points at 15096.7, while the BSE Sensex was down 449.93 points at 51253.9. Among the 50 stocks in the Nifty index, 22 were trading in the green, while 28 were in the red.
Read more about Auto stocks soften on Business Standard. Auto stocks were trading in red, with the S&P BSE Auto index decreasing 286.61 points or 1.16% at 24476.38 at 13:48 IST.