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S&P BSE Auto, Nifty Auto index hit new high

M&M, Ashok Leyland, Exide Ind, Bharat Forge and Maruti Suzuki were up in the range of 1% to 6%

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SI Reporter Mumbai
Shares of automobiles companies were in focus with the S&P BSE Auto (24,293) and Nifty Auto index (10,919) hitting their respective record highs on the bourses on Wednesday in intra-day trade after strong rally in automobiles and auto related companies.

Mahindra & Mahindra (M&M), Ashok Leyland, Exide Industries, Cummins India, Bharat Forge and Maruti Suzuki India, from the auto index, were up in the range of 1% to 6%, as compared to Sensex and Nifty 50 index, which trading flat at 11:17 am.

The S&P BSE Auto and Nifty Auto index were up 1% each, up for the