On Wednesday around 10:24 AM (IST), the Nifty Auto index faced a challenging situation amidst a weak market. Some car companies saw small gains, with Maruti Suzuki up by 0.22%, Mahindra & Mahindra rising by 0.18%, Samvardhana Motherson International gaining 0.11%, and Balkrishna Industries up by 0.08%.
However, not all companies were lucky. Apollo Tyres dropped by 2.32%, Tata Motors fell by 1.13%, MRF lost 1.09%, Bajaj Auto decreased by 1.05%, and Ashok Leyland fell by 0.99%. At that time, the Nifty Auto index was down by 0.4%, sitting at 23,389.30 points.
The larger NSE Nifty50 index was down 99.46 points at 23,608.45, and the BSE Sensex was down 332.46 points at 77,866.65. Out of the 50 stocks in the Nifty index, 11 were doing well while 39 were struggling.
Some shares like Vodafone Idea, Ibull Real Estate, ITI Ltd, YES Bank, and Zomato were among the most active in trading. Additionally, several stocks reached their best prices in a year, including Ashapura Minechem, Pokarna Ltd, Indo Tech Transformers, Power & Instrument, and Atlas Cycles. On the other hand, Spacenet Enterprise, Baid Leasing, Odigma Consultancy, Kewal Kiran Clothing, and Digjam saw their lowest prices in a year.
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