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    Market Now: Auto stocks firm; MRF jumps 6%

    Synopsis

    The Nifty Auto index was trading 0.95 per cent up at 11,722 around 02:05 pm (IST).

    Market Now: Auto stocks firm; MRF jumps 6%ThinkStock Photos
    Equity benchmarks were in the positive territory as Dalal Street investors digested Budget 2018 proposals.
    NEW DELHI: Most of the auto stocks including MRF (up 6.07 per cent), Apollo Tyres (up 5 per cent) and Mahindra & Mahindra (up 3.40 per cent) were trading up in afternoon trade on Thursday after the announcement of Union Budget 2018.

    The Nifty Auto index was trading 0.95 per cent up at 11,722 around 02:05 pm (IST).

    Shares of Eicher Motors (up 2.43 per cent), Bharat Forge (up 1.71 per cent), Bajaj Auto (up 1.61 per cent), Hero MotoCorp (up 1.06 per cent), Amara Raja Batteries (up 1.02 per cent), Bosch (up 0.38 per cent) and Tata Motors (DVR) (up 0.16 per cent) were also up in the auto index.

    However, shares of TVS Motor Company (down 2.22 per cent), Exide Industries (down 1.41 per cent), Ashok Leyland (down 1.23 per cent), Tata Motors (down 1.02 per cent) and Maruti Suzuki India (down 0.25 per cent) were down in the index around that time.

    Equity benchmarks were in the positive territory as Dalal Street investors digested Budget 2018 proposals.

    Benchmark NSE Nifty50 index was 64 points up at 11,091, while the BSE Sensex was 228 points up at 36,193.

    Among the 50 stocks in the Nifty50 index, 28 were trading in the green, while 22 were in the red.



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    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
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