The Nifty Auto Index Ends on a Positive Note
The Nifty Auto index closed in the green on Tuesday, with several stocks showing gains. Maruti Suzuki India Ltd., Bosch Ltd., Samvardhana Motherson International Ltd., Mahindra & Mahindra Ltd., and Eicher Motors Ltd. were the top gainers of the day.
However, Sona BLW Precision Forgings Ltd., Balkrishna Industries Ltd., and Tube Investments of India Ltd. ended as the top losers. The Nifty Auto index closed at 19903.85, up by 1.47 percent.
Benchmark Indices End Higher
The benchmark NSE Nifty50 index ended the day with a gain of 157.71 points at 21929.4, while the BSE Sensex stood at 72186.09, up by 454.67 points.
Out of the 50 stocks in the Nifty index, 35 closed in the green and 15 closed in the red.
Top Traded Shares and Fresh 52-Week Highs/Lows
Shares of YES Bank, Vodafone Idea, IOB, NHPC, and UCO Bank were among the most traded shares on the NSE.
In today’s trade, Bhagyanagar Ind, Ajmera Realty, Xchanging Sol, Arvind SmartSpaces, and Udayshivakumar Infra hit their fresh 52-week highs, while Stampede Cap(DVR), Butterfly Gandhi, Tatva Chintan Pharm, Sheetal Cool, and Medicamen Bio hit their fresh 52-week lows.
Hot Take: Crypto Markets Show Positive Momentum
The Indian crypto market continues to show positive momentum, with the Nifty Auto index ending on a positive note. This indicates a favorable trend for the auto industry. The benchmark indices also closed higher, reflecting overall market optimism. Traders and investors should closely monitor the top traded shares and keep an eye on stocks hitting fresh 52-week highs and lows. This data can provide valuable insights for making informed investment decisions in the Indian market.