Auto stocks fall | Trade Standard News
Auto stocks were trading in the negative zone, with the S&P BSE Auto Index falling 994.32 points or 3.26% to 29539.79 at 1:46 p.m. IST.
Among the constituents of the S&P BSE Auto Index, MRF Ltd (down 6.79%), Balkrishna Industries Ltd (down 5.93%), Mahindra & Mahindra Ltd (down 4.41%), Hero MotoCorp Ltd (down 4.19%), Ashok Leyland Ltd (down 3.93%), were the big losers. Other losers included Cummins India Ltd (down 3.72%), Tube Investments of India Ltd (down 3.56%), Tata Motors Ltd (down 3.52%), Escorts Kubota Ltd ( down 3.42%) and Uno Minda Ltd (down 2.8%).
As of 1:46 p.m. IST, the S&P BSE Sensex was down 961.04 or 1.6% at 58,972.97.
The Nifty 50 index fell 305.65 points or 1.71% to 17571.75.
The S&P BSE Small-Cap Index fell 628.49 points or 2.1% to 29,283.02.
The S&P BSE 150 Midcap Index fell 221.94 points or 2.4% to 9020.62.
On the BSE, 912 stocks were trading green, 2507 were trading red and 119 were unchanged.
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