Comments
The major auto stocks seem to be firing on all cylinders with talks of interest rates heading South infusing fresh life into them.
The two wheeler counters especially witnessed robust demand with Bajaj Auto and Hero Motocorp gaining significant ground, along with car maker Maruti.
Bajaj Auto was up by Rs 23.30 at Rs 1,517.50 and Hero MotoCorp raced to Rs 1,952, a gain of Rs 86.30 or 4.63 per cent.
Mahindra & Mahindra gained Rs 10.45 at Rs 665.20, Maruti Suzuki was up by Rs 30 at Rs 1,108.70 and Tata Motors edged up to Rs 232.05, a gain of Rs 10.50.
Others in the auto index-Ashok Leyland, Bharat Forge, Cummins India, Exide Industries and Apollo Tyres also made small gains, making the auto index with a gain of about 268 points the biggest gainer in the BSE, ahead of metal index and bankex.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.