 ".")
Auto stocks were buzzing in trade with the Nifty Auto index gaining 1% against a marginal 0.4% rise on the benchmark Nifty50 index after two auto majors Maruti Suzuki and Bajaj Auto reported robust sales in August.
Country’s biggest car maker Maruti Suzuki reported a strong double digit growth of 26% in domestic passenger vehicle sales for August as dealerships prepare for festive demand that begins later this month. Reacting to this, the stock added over 1% to Rs 7810 on the BSE.
Maruti’s growth will also ensure a double digit growth in industry’s sales for the month.
Maruti, which now commands
