The Nifty Auto Index Closes on a Negative Note
The Nifty Auto index closed in the red on Friday, with several stocks experiencing losses. However, there were also some gainers in the pack.
Top gainers in the Nifty Auto index included Bharat Forge Ltd., TVS Motor Company Ltd., Bosch Ltd., Samvardhana Motherson International Ltd., and Sona BLW Precision Forgings Ltd.
Top Losers of the Day
On the other hand, Ashok Leyland Ltd., Tube Investments of India Ltd., Hero MotoCorp Ltd., Mahindra & Mahindra Ltd., and Bajaj Auto Ltd. ended the day as the top losers of the day.
The Nifty Auto index closed at 17,489.05, down by 0.36%.
NSE Nifty50 and BSE Sensex Performance
The benchmark NSE Nifty50 index ended up by 134.75 points at 20,267.9, while the BSE Sensex stood up by 492.75 points at 67,481.19.
Stocks Performance in the Nifty Index
Out of the 50 stocks in the Nifty index, 30 ended in the green, while 19 closed in the red.
Most Traded Shares on the NSE
Vodafone Idea, Indian Renewable, YES Bank, TV18 Broadcast, and PNB were among the most traded shares on the NSE.
Fresh Highs and Lows
In today’s trade, shares of Bhartiya Intnl, Shalimar Paints, Datamatics Glob, Precot Meridian, and Emami Realty hit their fresh 52-week highs. On the other hand, Blue Jet Healthcare, Raj Rayon, SEL Manufact, Winsome Yarns, and Fourth Dimension Sol hit their fresh 52-week lows.
Hot Take: Nifty Auto Index Reflects Mixed Performance
The Nifty Auto index closed on a negative note, with some stocks experiencing gains while others suffered losses. This mixed performance indicates the volatility and unpredictability of the market. Investors should closely monitor the performance of individual stocks and keep an eye on market trends to make informed decisions. The benchmark indices, NSE Nifty50 and BSE Sensex, showed positive growth, but it is essential to conduct thorough research before investing in any specific stock. Stay updated with the most traded shares and observe any significant highs or lows in the market. Remember to consult with financial advisors for personalized investment advice.
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