Nifty Auto, Metal stocks gain in today’s session

The BSE Sensex was trading at 36,991, up 320 points, while the Nifty50 gained 110 points to trade at 11,145.

Mar 11, 2019 11:03 IST India Infoline News Service

Benchmark indices zoomed in the morning trade following the announcement of 2019 general election dates. The BSE Midcap index was up 1.21% and BSE Smallcap index was up 0.99%. The market breadth, indicating the overall health of the market, was strong.

The BSE Sensex was trading at 36,991, up 320 points, while the Nifty50 gained 110 points to trade at 11,145.

The NSE Auto index was trading 2% up at 8,736 during morning trade on Monday. Motherson Sumi secured the top position on the index trading higher by 5%. Other auto stocks including Bharat Forge, Bosch, Ashok Leyland, and Hero MotoCorp are also trading higher in the range of 4-2% respectively.

From the metal space, the index gained 2% led by Coal India, Jindal Steel, Vedanta, and NALCO.

The Nifty Energy index also up in today’s session at 15,662. HPCL, IOC, BPCL, Tata Power were up 4-3% respectively.

However, the IT index is trading marginally higher at 15,412. TCS, Tata Elxsi, OFSS, Mindtree, and Tech Mahindra were trading in the negative zone.

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