Quick Wrap: Nifty Auto Index falls 2.52%, NIFTY Crashes 1.01%

Nifty Auto index closed down 2.52% at 8209.45 today. The index has slipped 9.00% over last one month. Among the constituents, Tata Motors Ltd dropped 7.02%, Motherson Sumi Systems Ltd slipped 5.16% and Bharat Forge Ltd fell 3.46%. The Nifty Auto index has fallen 24.00% over last one year compared to the 11.34% increase in benchmark Nifty 50 index. In other indices, Nifty Media index has dropped 2.32% and Nifty PSE index has dropped 1.98% on the day. In broad markets, the Nifty 50 has slid 1.01% to close at 11709.1 while the SENSEX has slid 0.97% to close at 38969.8 today.

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