Nifty Auto on a bullish sprint; Tata Motors, Hero MotoCorp, Maruti, TVS Motor drive the performance

25 Feb 2022 , 12:58 PM

Nifty Auto sets a bullish tone in today’s trade swirling with the broader indices as the domestic market rebounds. The Index added up to 3% so far in today’s trade as investors focus on Russia and Ukraine crises globally. 

Domestic indices Sensex and Nifty 50 advanced after bleeding in Thursday’s trade.

All the stocks on the Nifty Auto joined the domestic indices’ rally with Tata Motors (+7.86) leading the chart, followed by TI India (+4.77%), Exide Industries (+4.67%), and Amar Raja Batteries (+4.26%).

While heavyweights Hero MotoCorp (+3.51%), Ashok Leyland (+3.17%) TVS Motors (+2.11%), and Maruti Suzuki (+1.97%) also remained the gainers.

Eicher Motors (+0.91%) struggled to catch up, adding only marginal gains. Whereas, MRF (+1.92%), Mahindra & Mahindra (+1.75%), and Bajaj Auto (+1.64%) zoomed near 2%.

At around 12.51 PM, Nifty Auto was trading at 10,927.70 points, up by 3%. So, far it touched the day’s high and low of 11,002.30 and 10,790.05 points respectively.

NSE Nifty was 423.55 points higher at 16,671.50 points against its previous closing of 16,247.95 points. Day’s high and low were 16,515.65 and 16,247.95 points respectively.