Nifty Auto index registered a gain of about 1%.
On the sectoral front, the Nifty IT index is trading 2.23% lower.
Shares reaching a new 52-week high of Rs 129 is driven by optimism surrounding the Kavach system
Globally, US markets wrapped up in red territory.
Divis Lab (-1.42%) is the top laggard on the nifty index today.
Nifty IT and Oil & Gas packs ended lower.
Anticipation of a pause in interest rate hike by US Fed is boosting the market sentiment.
Indian benchmark index Nifty 50 closed 47 points lower yesterday.
Manufacturing PMI Stays Strong Above 50 for 22 Straight Months
Apollo Hospitals (+4.06%) topped the gainers’ chart on NSE.