Stock market update: Nifty Auto index advances 0.34%

Stock market update: Nifty Auto index advances 0.34%
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The Nifty Auto index closed 0.34 per cent up at 11561.6.

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MACD is known for signaling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages.
NEW DELHI: The Nifty Auto index closed on a positive note on Thursday.

Shares of Maruti Suzuki(up 2.53 per cent), TVS Motor Company(up 1.47 per cent), Bajaj Auto(up 0.92 per cent), Tata Motors(up 0.78 per cent) and Mahindra & Mahindra(up 0.42 per cent) ended the day as top gainers in the pack.

On the other hand, Balkrishna Industries(down 3.65 per cent), Hero MotoCorp(down 2.41 per cent), Eicher Motors(down 1.79 per cent), Bharat Forge(down 1.41 per cent) and Amara Raja Batteries(down 1.25 per cent) finished as the top losers of the day.

The Nifty Auto index closed 0.34 per cent up at 11561.6.

Benchmark NSE Nifty50 index ended down 167.8 points at 17110.15, while the BSE Sensex stood down 581.21 points at 57276.94.

Among the 50 stocks in the Nifty index, 15 ended in the green, while 35 closed in the red.

Shares of Vodafone Idea, JP Power, PNB, Zomato Ltd. and YES Bank were among the most traded shares on the NSE.

Shares of Mahalaxmi Rub, Atal Realtech, TV18 Broadcast, Ambica Agarbathies & Aroma Industries Ltd. and Gujarat Ambuja hit their fresh 52-week highs in today's trade, while IndiaMART, CarTrade Tech, Uniinfo Telecom Serv, Hind Nat Glass and Dynamic Services & Security Ltd. hit their fresh 52-week lows.

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