Tuesday, 3 April 2018

Stock Tips: Auto stocks buzzing in trade today


Stock Tips
The NSE Nifty-50 index was up 8.35 points at 10,253.35, while the BSE Sensex was up 53.18 points at 33,423.81 at 11.20 am, on Wednesday. The NSE Nifty Auto index was trading 1.70 percent up at 11,342.90 at this point.

Stocks of Tata Motors Limited rallied 5.22 percent after Jaguar Land Rover's March U.S sales increased 10.2 percent to 14,232 units with regards to 12,918 units sold in year-ago.

Auto stocks Tata Motors (up 4.49 percent), Tata Motors (DVR) (up 8.70 percent) and Eicher Motors (up 3.54 percent) were trading in the positive territory during Wednesday's trade ahead of RBI’s first bi-monthly monetary policy meet that commences today. 

Shares of Bosch (up 4.62 percent), Mahindra & Mahindra (up 1.39 percent), Motherson Sumi Systems (up 1.25 percent), Hero MotoCorp (up 1.20 percent) Maruti Suzuki India (up 1.10 percent), Apollo Tyres (up 1.07 percent) Ashok Leyland (up 0.81 percent) and Bharat Forge (up 0.55 percent), were also trading up. 




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