Stock market update: Auto stocks gain; Bajaj Auto climbs 4%

NEW DELHI: Auto stocks were trading higher at 01:55PM (IST) on Wednesday.

Shares of Bajaj Auto (up 3.67 per cent), Hero MotoCorp (up 2.36 per cent), Maruti Suzuki (up 1.45 per cent), Balkrishna Industries (up 1.16 per cent) and TVS Motor Company (up 0.86 per cent) were among the top gainers.

While Tata Motors (down 2.83 per cent), Motherson Sumi Systems (down 1.45 per cent), Ashok Leyland (down 1.05 per cent), Bosch (down 0.76 per cent) and Exide Industries (down 0.64 per cent) were the top losers in the index.

The Nifty Auto index was trading 0.87 per cent up at 8128.6 around 01:55PM.

Benchmark NSE Nifty50 index was up 76.45 points at 11738.85, while the BSE Sensex was up 312.62 points at 39887.19.

Among the 50 stocks in the Nifty index, 20 were trading in the green, while 30 were in the red.

Shares of Vodafone Idea, Vedanta , Tata Motors, ONGC and SBI were among the most traded shares on the NSE.

Shares of Thyrocare Technologies Ltd., Metropolis Healthcare Ltd., Dr. Lal Pathlabs Ltd., Ruchi Soya Inds and Ambuja Cements hit their fresh 52 week high in today's trade, while Vikas Proppant & Granite Ltd., Vasa Retail & Overseas Ltd., S & S Power Switchgear Ltd., AB Infrabuild Ltd., Twentyfirst Century Management Services Ltd. and California Software Company Ltd. hit fresh 52 week low in trade.