- Advertisement -
HomeUncategorizedMarket Update: Midcaps underperform; auto index fall led by Tata Motors, M&M,...

Market Update: Midcaps underperform; auto index fall led by Tata Motors, M&M, Maruti Suzuki

- Advertisement -
- Advertisement -
Auto index trading in red dragged by Tata Motors, M&M, Maruti Suzuki and Eicher Motors.

The market is off its day’s high as traders turn cautious ahead of Karnataka election results due tomorrow.

Midcap index underperform the benchmark indices trading with nearly 1 percent fall. On other hand pharma and PSU banks are supporting the market.

Auto index trading in red dragged by Tata Motors, M&M, Maruti Suzuki and Eicher Motors.



Also, IT space is trading negative, leading by TCS, Infosys, Wipro, HCL Tech and Tech Mahindra. Smallcap index is also underperforming with over 0.5 percent fall.

Reliance Industries, Infosys, TCS, ICICI Bank, Larsen and Toubro are the negative contributors to the Sensex.

15 stocks hit a new 52-week high and 175 stocks hit a new 52-week low on the NSE. Losers are ABB, ABG Shipyard, Amtek Auto, Ansal Housing and Bharat Heavy Electricals.

The market breadth was in favour of declines with 527 stocks advancing, 1164 declined and 361 remaining unchanged. On the BSE, 776 stocks advanced, 1637 declined and 138 remained unchanged.



RELATED ARTICLES

Most Popular

Recent Comments