Auto shares slide

Auto stocks were trading with losses, with the BSE Auto index falling 762.63 points or 1.28% at 58642.31 at 13:47 IST.
Among the components of the BSE Auto index, Mahindra & Mahindra Ltd (down 3%), TVS Motor Company Ltd (down 2.37%),Samvardhana Motherson International Ltd (down 1.99%),Hero MotoCorp Ltd (down 1.96%),Exide Industries Ltd (down 1.93%), were the top losers. Among the other losers were Tata Motors Ltd (down 1.54%), Sundram Fasteners Ltd (down 1.31%), Maruti Suzuki India Ltd (down 1.2%), Apollo Tyres Ltd (down 1.11%), and Bosch Ltd (down 0.98%).
On the other hand, Cummins India Ltd (up 3.78%), Tube Investments of India Ltd (up 3.18%), and Bajaj Auto Ltd (up 0.51%) moved up.
At 13:47 IST, the BSE SmallCap was down 51.41 or 0.09% at 57173.45.
The BSE 150 MidCap Index index was down 62.78 points or 0.37% at 16717.85.
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The Nifty 50 index was down 85.85 points or 0.34% at 24971.5.
The BSE Sensex index was down 250.63 points or 0.31% at 81569.49.
On BSE,1838 shares were trading in green, 2038 were trading in red and 131 were unchanged.
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First Published: Oct 16 2024 | 2:00 PM IST
