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    Stock market update: Nifty Auto index advances 0.66% in a weak market

    Synopsis

    The Nifty Auto index was trading 0.66 per cent up at 12612.4.

    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 positive around 10:19AM(IST)on Wednesday in a weak market.

    TIINDIA(up 4.38 per cent), Sona BLW Precision Forgings(up 1.59 per cent), Mahindra & Mahindra(up 1.26 per cent), MRF(up 1.08 per cent) and Tata Motors(up 1.03 per cent) were among the top gainers.

    Hero MotoCorp(down 1.15 per cent), Ashok Leyland(down 0.3 per cent), Bharat Forge(down 0.27 per cent) and Bosch(down 0.17 per cent) were the top losers on the index.

    The Nifty Auto index was up 0.66 per cent at 12612.4 at the time of writing this report.

    Benchmark NSE Nifty50 index was down 44.1 points at 16963.3, while the BSE Sensex was down 128.97 points at 56978.55.

    Among the 50 stocks in the Nifty index, 23 were trading in the green, while 27 were in the red.

    Shares of Suzlon Energy, Shree Ren Sug, Vodafone Idea, PNB and YES Bank were among the most traded shares on the NSE.

    Shares of Airo Lam, Liberty Shoes, Silly Monks Entertai, Kshitij Polyline and ICE Make Refr hit their fresh 52-week highs in today's trade, while Jay Jalaram Technologies Ltd., Dhanvarsha Finvest, FutureLifestyleFash, Mercator and Varanium Cloud 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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