Auto shares gain; diesel de-control may boost demand

Image
Reuters
Last Updated : Oct 20 2014 | 3:06 PM IST

Reuters Market Eye - Auto stocks gain, as removal of price controls on diesel is seen helping demand for cars.

Removal of price controls comes as oil prices have slumped.

Maruti Suzuki India Ltd gains 2.2 percent, Mahindra and Mahindra Ltd is up 0.5 percent.

Ashok Leyland Ltd up 2 percent.

(Reporting by Abhishek Vishnoi)

More From This Section

First Published: Oct 20 2014 | 2:50 PM IST

Next Story