Stock Market

Stock Market India Update: Tata Motors, Bajaj Auto Slip Down As Auto Index Down

On September 18, 2018, most auto stocks in stock market India was bringing about losses in evening exchange. The BSE Auto index was trading 0.34 percent down at 23,923 around 12:40 pm.

Shares of Apollo Tires (down 1.19 percent), Bharat Forge (down 1.61 percent), Balkrishna Industries (down 1.27 percent), Maruti Suzuki India (down 0.96 percent), Hero MotoCorp (down 1.40 percent), Bajaj Auto (down 0.90 percent) and MRF (down 0.38 percent) were among the failures.

Shares of Tata Motors fell after its auxiliary Jaguar Land Rover and being said that it will go down to a three-day week at its Central English Castle Bromwich plant after its supervisor cautioned about the effect of Brexit and diesel strategy.

TVS Motor Company (up 3.41 percent) and Eicher Motors (up 1.39 percent) were up, while Bosch (up 0.03 percent) and Cummins India (down 0.01 percent) leveled around a similar time.

Balkrishna Industries (down 0.38 percent), MRF (down 0.95 percent), Maruti Suzuki India (down 0.61 percent), Apollo Tires (down 0.60 percent), Motherson Sumi Systems (down 0.90 percent) and Eicher Motors (down 0.20 percent) excessively wound up among the losers.

However, in stock market india, Mahindra and Mahindra (up 0.72 percent) and Exide Industries (up 0.41 percent) were in the green around that time.

Benchmark BSE Sensex was 163 points down at 35,526, while the NSE Nifty50 file was down 49 points at 10,773.

Among the 50 stocks in the Nifty list, 22 were trading the green, while 28 were in the red.

According to the Sensex list shown on ET, 12 stocks were progressing and 19 were declining. Hindustan Unilever, YES Bank, ONGC and Adani Ports were driving among Sensex scrips.

State Bank of India, Tata Motors, ICICI Bank, Coal India, Vedanta, and Bajaj Auto in stock market India were among the topmost losers in the Sensex record, as per the report of Economic Times.

[The views and opinions expressed in this article are those of the authors and do not necessarily reflect the views and/or the official policy of the website. ]
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