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.
Apollo Hospitals (+4.06%) topped the gainers’ chart on NSE.
Asian markets are trading mixed today.