Auto stocks edge lower

Auto stocks were trading in red, with the S&P BSE Auto index decreasing 1042.11 points or 4.62% at 21535.81 at 13:51 IST.
Among the components of the S&P BSE Auto index, Ashok Leyland Ltd (down 6.71%), Maruti Suzuki India Ltd (down 6.62%),Mahindra & Mahindra Ltd (down 6.26%),Tata Motors Ltd (down 6.18%),Hero MotoCorp Ltd (down 5.18%), were the top losers. Among the other losers were TVS Motor Company Ltd (down 4.45%), Eicher Motors Ltd (down 3.85%), Bosch Ltd (down 3.81%), Sundram Fasteners Ltd (down 3.37%), and Bajaj Auto Ltd (down 2.1%).
On the other hand, Balkrishna Industries Ltd (up 1.07%), and Tube Investments of India Ltd (up 0.73%) turned up.
At 13:51 IST, the S&P BSE Sensex was down 1596.9 or 2.94% at 52736.91.
The Nifty 50 index was down 415.15 points or 2.56% at 15830.2.
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The S&P BSE Small-Cap index was down 636.1 points or 2.42% at 25650.56.
The S&P BSE 150 Midcap Index index was down 208.22 points or 2.63% at 7710.3.
On BSE,827 shares were trading in green, 2566 were trading in red and 127 were unchanged.
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First Published: Mar 07 2022 | 2:00 PM IST
