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

NEW DELHI: Rate sensitive auto stocks were trading in the positive zone in Thursday's session ahead of RBI policy meet outcome.

The Nifty Auto index was trading 1.34 per cent up at 8682.50 around 10:02 am.

Shares of TVS Motor Company (up 2.91 per cent), Bajaj Auto (up 2.88 per cent), Tata Motors (DVR) (up 2.06 per cent) and Motherson Sumi Systems (up 2.03 per cent) were the top performers in the index.

Apollo Tyres (up 1.76 per cent), Tata Motors (up 1.76 per cent) and Bharat Forge (up 1.73 per cent) too were trading higher.

Benchmark NSE Nifty50 index was up 25.45 points at 11,087.90 while the BSE Sensex was up 103.82 points at 37079.05.

Among the 50 stocks in the Nifty index, 36 were trading in the green, while 14 were in the red.

Shares of Vodafone Idea, YES Bank, SAIL, Ashok Leyland, Zee Entertainment, Sun Pharma, Tata Motors, SBI, RIL, BHEL, Vedanta, Cipla, JSW Steel, Lupin, Bank of Baroda and Tata Steel were among the most traded shares on the NSE.