What was the performance of the Nifty Auto index today?

The Nifty Auto index ended down 4.10% at 25965.95 today.

Which companies contributed to the Nifty Auto index decline?

Tata Motors Passenger Vehicles Ltd, Bosch Ltd, and Eicher Motors Ltd were among the constituents that slipped significantly.

How has the Nifty Auto index performed over the last month and year?

The index is down 6.00% over the last month but shows a gain of 24.00% over the last year.

Home / Business and Economy / Auto Stocks Plummet: Nifty Auto Index Down 4.10%

Auto Stocks Plummet: Nifty Auto Index Down 4.10%

9 Mar

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Summary

Nifty Auto index declined 4.10% today.
Index has dropped 6.00% over the past month.
Tata Motors, Bosch, and Eicher Motors saw significant dips.

Auto Stocks Plummet: Nifty Auto Index Down 4.10%

The Nifty Auto index concluded today's trading session with a notable decrease of 4.10%, settling at 25965.95. This downturn marks a continuation of a negative trend, as the index has fallen by 6.00% over the past month.

Several key automotive companies experienced substantial losses. Tata Motors Passenger Vehicles Ltd slipped by 5.35%, Bosch Ltd shed 5.20%, and Eicher Motors Ltd fell by 4.65%. Despite these recent declines, the Nifty Auto index shows resilience over a longer period, being up 24.00% year-to-date.

This performance contrasts with the benchmark Nifty 50 index, which saw a 6.54% increase over the same annual period. In broader market movements, both the Nifty 50 and SENSEX indices registered losses of 1.73% and 1.71% respectively, indicating a general market sell-off.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.