Nifty Auto Index: Gains by Bajaj Auto & Mahindra, Losses for Ashok Leyland

Discover the latest updates on the Nifty Auto index, key stock performances, and market movements from New Delhi. Stay informed and engaged!

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On Thursday, the Nifty Auto index had a mixed day. While some auto companies saw their stock prices rise, others faced declines.

Bajaj Auto Ltd. led the way with a 2.25% increase, followed by Mahindra & Mahindra Ltd. at 1.31%. Other gainers included Balkrishna Industries Ltd. which rose by 0.19%, and Hero MotoCorp Ltd., which was up by 0.08%.

However, not all companies were so lucky. Ashok Leyland Ltd. dropped by 3.74%, Exide Industries Ltd. went down by 1.98%, Tata Motors Ltd. decreased by 1.87%, and Samvardhana Motherson International Ltd. fell by 1.78%. Bharat Forge Ltd. also saw a loss of 1.71%.

In the end, the Nifty Auto index closed at 23,305.20, a slight dip of 0.28%. The main Nifty50 index saw a decrease of 162.46 points, settling at 23,526.50. The BSE Sensex lowered by 528.28 points, closing at 77,620.21.

Among the 50 stocks in the Nifty index, only 16 gained, while 34 lost ground.

In trading activity, Vodafone Idea, YES Bank, Zomato, Manappuram Finance, and Vishal Mega Mart were some of the most traded shares on the NSE. Notable performances included shares of SRF, Navin Fluorine, and Kalyani Forge, which hit new 52-week highs, while Pritish Nandy and other companies fell to fresh 52-week lows.

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