Maruti Contributes Almost 50% To BSE Auto Index Gains

Maruti contributes almost 50% to BSE Auto Index gains. Maruti Suzuki is showing strength on Thursday’s trading. The stock is up by nearly 1.5% on intraday basis. The stock on its own is contributing to almost 50% of the BSE Auto Index gains.

BSE Auto index is up by nearly 100 points or 0.5% on intraday basis quoting 21704 level. Motherson Sumi, Exide Industries and MRF are the other auto stocks trading in green and supporting the index gains. Ashok Leyland, Bosch, Eicher motors are the auto stocks which are dragging the sectoral index.

BSE Auto index with support from Maruti is outperforming the broader markets. Major indices are showing weakness in Thursday’s trade. Sensex is down marginally by 28 odd points at 28872 levels and Nifty is down by 10 points at 8910 levels. 

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