Stock market update: Auto stocks gain; Exide Industries rises 2%

NEW DELHI: Auto stocks were trading on a positive note at 12:34PM (IST) on Monday.

Shares of Exide Industries (up 2.37 per cent), Balkrishna Industries (up 1.24 per cent), Bharat Forge (up 1.15 per cent), Amara Raja Batteries (up 1.13 per cent) and Maruti Suzuki (up 0.9 per cent) were among the top gainers.

While Eicher Motors (down 89.33 per cent), Ashok Leyland (down 1.37 per cent), Mahindra & Mahindra (down 0.93 per cent) and TVS Motor Company (down 0.36 per cent) were the top losers in the index.

The Nifty Auto index was trading 0.93 per cent up at 8008.5 around 12:34PM.

Benchmark NSE Nifty50 index was up 102.85 points at 11474.45, while the BSE Sensex was up 352.99 points at 38787.71.

Among the 50 stocks in the Nifty index, 34 were trading in the green, while 16 were in the red.

Shares of Vodafone Idea, YES Bank, Zee Ent., GMR Infra and BHEL were among the most traded shares on the NSE.

Shares of Fine Organic Industries Ltd., Indiabulls Ventures (PP), Affle (India) Ltd., Vinati Organics and BASF India hit their fresh 52 week high in today’s trade, while Eicher Motors Ltd. hit fresh 52 week low in trade.