Stock market update: Auto index trades with small gains; M&M, Tata Motors rise

NEW DELHI: Auto stocks Cummins India (up 0.62 per cent), Mahindra & Mahindra (up 0.53 per cent), Tata MotorsNSE -0.27 % (up 0.52 per cent) and Hero MotoCorpNSE 1.87 % (up 0.46 per cent) were trading with gains during afternoon trade on Tuesday. The BSE Auto index was trading 0.15 per cent up at 25,027 around 01:10 pm. Shares of Bajaj AutoNSE 0.34 % (up 0.42 per cent), Motherson Sumi Systems (up 0.19 per cent), Ashok LeylandNSE 0.35 % (up 0.14 per cent) and Maruti Suzuki India (up 0.10 per cent) were also in the green.

However, Bosch (down 1.10 per cent), Eicher Motors (down 0.47 per cent), Exide Industries (down 0.46 per cent), MRF (down 0.42 per cent) and TVS Motor CompanyNSE -0.47 % (down 0.42 per cent) were down around that time. Equity benchmarks were up on gains in FMCG, IT, bank and pharma stocks amid positive global cues. Market participants were awaiting the release of key macroeconomic data of IIP and retail Inflation (CPI) due later today



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