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    Stock market update: Nifty Auto index falls 0.25% in a weak market

    Synopsis

    The Nifty Auto index was trading 0.25 per cent down at 11802.5.

    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 10:24AM(IST)on Wednesday in a weak market.

    TIINDIA(up 0.92 per cent), Bosch(up 0.75 per cent), Hero MotoCorp(up 0.44 per cent), Ashok Leyland(up 0.38 per cent) and Bajaj Auto(up 0.1 per cent) were among the top gainers.

    Escorts Kubota(down 2.94 per cent), Bharat Forge(down 1.31 per cent), Balkrishna Industries(down 0.75 per cent), Mahindra & Mahindra(down 0.72 per cent) and Eicher Motors(down 0.58 per cent) were the top losers on the index.

    The Nifty Auto index was down 0.25 per cent at 11802.5 at the time of writing this report.

    Benchmark NSE Nifty50 index was down 65.4 points at 15784.8, while the BSE Sensex was down 212.93 points at 52964.52.

    Among the 50 stocks in the Nifty index, 9 were trading in the green, while 41 were in the red.

    Shares of Zomato Ltd., Vodafone Idea, ONGC, MRPL and YES Bank were among the most traded shares on the NSE.

    Shares of Axita Cotton, Jamna Auto, Dhanvarsha Finvest, Priti International and Global Education hit their fresh 52-week highs in today's trade, while Krishna Defence and Allied Industries Ltd., Tembo Global Indust, Muthoot Finance, Fidel Softech Ltd. and HEC Infra Projects 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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