Stock market update: Auto index trades with small gains; M&M, Tata Motors rise

Stock market update: Auto index trades with small gains; M&M, Tata Motors rise
In the Sensex index, 20 stocks were advancing and 11 were declining in trade.
NEW DELHI: Auto stocks Cummins India (up 0.62 per cent), Mahindra & Mahindra (up 0.53 per cent), Tata Motors (up 0.52 per cent) and Hero MotoCorp (up 0.46 per cent) were trading with gains during afternoon trade on Tuesday.

The BSE Auto index was trading 0.15 per cent up at 25,027 around 01:10 pm.

Shares of Bajaj Auto (up 0.42 per cent), Motherson Sumi Systems (up 0.19 per cent), Ashok Leyland (up 0.14 per cent) and Maruti Suzuki India (up 0.10 per cent) were also in the green.

However, Bosch (down 1.10 per cent), Eicher Motors (down 0.47 per cent), Exide Industries (down 0.46 per cent), MRF (down 0.42 per cent) and TVS Motor Company (down 0.42 per cent) were down around that time.

Equity benchmarks were up on gains in FMCG, IT, bank and pharma stocks amid positive global cues.

Market participants were awaiting the release of key macroeconomic data of IIP and retail Inflation (CPI) due later today.

Benchmark BSE Sensex was up 173 points at 35,656, while the NSE Nifty50 index was up 46 points at 10,833.

Among the 50 stocks in the Nifty index, 33 were trading in the green, while 17 were in the red.

In the Sensex index, 20 stocks were advancing and 11 were declining in trade.

Dr. Reddy's Laboratories, State Bank of India and ITC were leading the pack of Sensex gainers.

On the contrary, Coal India, Tata Steel, Bharti Airtel and YES Bank were among the top losers in the Sensex index.
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