The decision of the RBI Governor to give a pause to interest rate hike has perked up the price of the auto pack in the BSE Sensex with the two-wheeler makers — Bajaj Auto and Hero Motocorp — being the biggest gainers today.
Bajaj Auto gained Rs 35.55 or 2.15 per cent to trade at Rs 1,691.50. Hero Motocorp raced up by Rs 30.60 to Rs 1,987.
The other auto stocks too responded positively to the RBI announcement. Maruti was up by Rs 12.60 at Rs 944.65, M&M moved up by Rs 20.75 to Rs 686.30 and Tata Motors was trading higher by Rs 6.45 at Rs 179.20.