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    Stock market update: Nifty Auto index falls 0.48% in an upbeat market

    Synopsis

    The Nifty Auto index was trading 0.48 per cent down at 11507.35.

    NiftyGetty Images
    Nagaraj Shetti, Technical Research Analyst at HDFC Securities, believes Monday's pattern could be considered as a High Wave, which reflects high volatility in the market at swing highs.
    NEW DELHI: The Nifty Auto index traded negative around 10:44AM(IST)on Thursday in an upbeat market.

    Mahindra & Mahindra(up 0.51 per cent), Bosch(up 0.5 per cent) and Escorts(up 0.17 per cent) were among the top gainers.

    Hero MotoCorp(down 3.43 per cent), Balkrishna Industries(down 1.5 per cent), Bharat Forge(down 1.09 per cent), MRF(down 0.99 per cent) and Tata Motors(down 0.73 per cent) were the top losers on the index.

    The Nifty Auto index was down 0.48 per cent at 11507.35 at the time of writing this report.

    Benchmark NSE Nifty50 index was up 23.5 points at 16546.25, while the BSE Sensex was up 141.58 points at 55522.75.

    Among the 50 stocks in the Nifty index, 24 were trading in the green, while 25 were in the red.

    Shares of Suzlon Energy, Adani Power, Vodafone Idea, Zomato Ltd. and Shree Ren Sug were among the most traded shares on the NSE.

    Shares of Raymond, Fine Organic Ind., Mirza Intnl, Standard Ind and ICE Make Refr hit their fresh 52-week highs in today's trade, while Medico Remedies, Future Retail, Future Enterprises, Ipca Labs and Moksh Ornaments Ltd. hit fresh 52-week lows in trade.



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    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
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