The Nifty Auto Index Closes on a Negative Note
The Nifty Auto index closed in the negative territory on Wednesday. While some stocks recorded gains, others experienced losses.
Top Gainers and Losers
Tata Motors Ltd., Ashok Leyland Ltd., Mahindra & Mahindra Ltd., Samvardhana Motherson International Ltd., and Tube Investments of India Ltd. were the top gainers in the pack, with Tata Motors leading the way.
On the other hand, Eicher Motors Ltd., Hero MotoCorp Ltd., Bajaj Auto Ltd., Sona BLW Precision Forgings Ltd., and Maruti Suzuki India Ltd. finished as the top losers of the day.
Closing Figures
The Nifty Auto index closed 0.02% down at 17788.4. Meanwhile, the benchmark NSE Nifty50 index ended up 82.6 points at 20937.7, and the BSE Sensex stood up 357.59 points at 69653.73.
Stocks Performance
Among the 50 stocks in the Nifty index, 30 ended in the green, while 20 closed in the red.
Most Traded Shares and Fresh 52-Week Highs/Lows
Reliance Power, YES Bank, Vodafone Idea, JP Power, and TV18 Broadcast were among the most traded shares on the NSE.
In today’s trade, Robust Hotels, BCL Industries, Rashtriya Chemicals, Madras Fert, and Veranda Learning Sol hit their fresh 52-week highs, while Embassy Office, Flair Writing Indust, Raj Rayon, SEL Manufact, and Winsome Yarns hit their fresh 52-week lows.
Hot Take: The Nifty Auto Index Faces Mixed Performance
The Nifty Auto index closed on a negative note, with some stocks gaining and others losing. Tata Motors emerged as the top gainer, while Eicher Motors took the lead among the losers. The overall performance of the Nifty Auto index was slightly down, while the benchmark NSE Nifty50 index experienced gains. Among the 50 stocks in the Nifty index, there was a mix of green and red. Traders focused on shares like Reliance Power, YES Bank, Vodafone Idea, JP Power, and TV18 Broadcast. Some stocks reached their fresh 52-week highs, while others hit their fresh 52-week lows.
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