Stock market update: Nifty Auto index falls 0.62% in a weak market

NEW DELHI: The Nifty Auto index traded negative around 10:45AM(IST)on Tuesday in a weak market.

Escorts Kubota(up 0.38 per cent) and Mahindra & Mahindra(up 0.29 per cent) were among the top gainers.

Balkrishna Industries(down 3.8 per cent), Sona BLW Precision Forgings(down 3.04 per cent), Bharat Forge(down 1.4 per cent), Bajaj Auto(down 1.14 per cent) and Tata Motors(down 0.93 per cent) were the top losers on the index.

The Nifty Auto index was down 0.62 per cent at 12346.5 at the time of writing this report.

Benchmark NSE Nifty50 index was down 127.65 points at 16503.35, while the BSE Sensex was down 434.04 points at 55332.18.

Among the 50 stocks in the Nifty index, 15 were trading in the green, while 35 were in the red.

Shares of Zomato Ltd., YES Bank, , and were among the most traded shares on the NSE.

Shares of eMudhra Ltd.,

, , and hit their fresh 52-week highs in today’s trade, while , Zomato Ltd., , and hit fresh 52-week lows in trade.

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