Stock market update: Nifty Auto index up 1%; Balkrishna Industries leaps 6%

NEW DELHI: Nifty Auto stocks were trading on a positive note at 12:50PM (IST) on Wednesday.

Shares of Balkrishna Industries (up 5.86 per cent), Hero MotoCorp (up 3.0 per cent), Eicher Motors (up 2.96 per cent), Tata Motors (up 1.64 per cent) and Mahindra & Mahindra (up 1.49 per cent) were among the top gainers.

While Ashok Leyland (down 1.54 per cent), Amara Raja Batteries (down 1.37 per cent) and Bharat Forge (down 0.03 per cent) were the top losers in the index.

The Nifty Auto index was trading 1.38 per cent up at 8239.6 around 12:50PM.

Benchmark NSE Nifty50 index was up 16.90 points at 12648.0, while the BSE Sensex was down 45.2 points at 43232.45.

Among the 50 stocks in the Nifty index, 39 were trading in the green, while 11 were in the red.

Shares of Vodafone Idea, SBI, YES Bank, Tata Motors and BHEL were among the most traded shares on the NSE.

Shares of Tata Steel (PP), Balkrishna Ind., Zydus Wellness, Kotak Bank and UltraTech Cem. hit their fresh 52 week high in today's trade, while Vikas Proppant & Granite Ltd., Sanginita Chemicals Ltd., Jump Networks Ltd., Deep Energy Resources Ltd., CKP Leisure Ltd., SKIL Infrastructure Ltd., SS Infrastructure Development Consultants Ltd., Industrial Investment Trust Ltd., WABCO India Ltd. and Laurus Labs Ltd. hit fresh 52 week low in trade.