Auto Stocks continued to rise with Nifty Auto index surging close to 3% through mid-session, Wednesday.
The index gains were led by Tata Motors, Motherson Sumi, Eicher Motors, TVS Motors, Maruti Suzuki and Bajaj Auto, which made significant gains up to over 7% by Tata Motors.
Further, Amara Raja Batteries, M&M, Bharat Forge and MRF rallied with 2 to 3% gains. Get nifty options tips by just clicking the link.
In addition, Exide Industries, Apollo Tyres, Ashok Leyland, Bosch and Hero Motor Corp hit at minimum level gains.
The Auto Index, which represents the Auto sector shares on the NSE, opened today at 7,193.15.
At 1.00 pm the index was trading at 7,370.10 with a gain of 2.86% as compared to the previous close of 7,165.35. In comparison, the Sensex scaled at 37294-level, up by 148-pts and the Nifty stood at 11040-level, up by 37-pts.
Out of the Nifty50 pack of stocks, 30 stocks were trading with profits while the rest 20 stocks traded in the red zone.
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