Stock market update: Nifty Auto index advances 1.2% in an upbeat market

Stock market update: Nifty Auto index advances 1.2% in an upbeat market
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The Nifty Auto index was trading 1.2 per cent up at 11631.85.

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Retail and banking stocks rose 0.5 per cent and 0.7 per cent, respectively.
NEW DELHI: The Nifty Auto index traded positive around 09:59AM(IST)on Monday in an upbeat market.

Balkrishna Industries(up 2.59 per cent), TIINDIA(up 2.34 per cent), Ashok Leyland(up 1.8 per cent), Maruti Suzuki(up 1.58 per cent) and Eicher Motors(up 1.41 per cent) were among the top gainers.

TVS Motor Company(down 0.04 per cent) were the top losers on the index.

The Nifty Auto index was up 1.2 per cent at 11631.85 at the time of writing this report.

Benchmark NSE Nifty50 index was up 224.1 points at 17326.05, while the BSE Sensex was up 735.23 points at 57935.46.

Among the 50 stocks in the Nifty index, 48 were trading in the green, while 2 were in the red.

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

Shares of Jainam Ferro Alloys(I)Ltd., Orbit Exports, PSP Projects, Nupur Recyclers Ltd. and JIK Industries hit their fresh 52-week highs in today's trade, while AB Cotspin India Ltd., Asian Hotels(W), Dynamic Services & Security Ltd., Hind Nat Glass and Mahalaxmi Rub hit fresh 52-week lows in trade.

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