Stock market update: Nifty Auto index falls 1.62%

NEW DELHI: The Nifty Auto index closed on a negative note on Tuesday.

Shares of Balkrishna Industries(up 0.35 per cent) ended the day as top gainers in the pack.

On the other hand, Eicher Motors(down 3.5 per cent), Ashok Leyland(down 3.4 per cent), Escorts Kubota(down 2.74 per cent), Bajaj Auto(down 2.44 per cent) and Maruti Suzuki(down 2.01 per cent) finished as the top losers of the day.

The Nifty Auto index closed 1.62 per cent down at 12488.35.

Benchmark NSE Nifty50 index ended down 257.45 points at 16983.55, while the BSE Sensex stood down 843.79 points at 57147.32.

Among the 50 stocks in the Nifty index, 3 ended in the green, while 47 closed in the red.

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

Shares of Zenith Exports, Omax Autos, Everest Ind, Jindal Drilling and Liberty Shoes hit their fresh 52-week highs in today's trade, while SMVD Poly Pack, Akshar Spintex, Fino Payments Bank Ltd., Kandarp Digi Smart BPO Ltd. and Tips Films Ltd. hit their fresh 52-week lows.