NEW DELHI: Most auto stocks were moving higher in Tuesday's session, giving a boost to the sectoral index.
The BSE Auto index was trading 1.27 per cent up at 24,343 around 11:4 am, with Bosch (up 4.02 per cent), Ashok Leyland (up 3.03 per cent), Cummins India (up 2.43 per cent) and Eicher Motors (up 2.31 per cent) as the top gainers.Shares of Maruti Suzuki India (up 1.78 per cent), Tata Motors (up 1.41 per cent), TVS Motor Company (up 1.28 per cent), Mahindra Mahindra (up 1.10 per cent), Exide Industries (up 0.94 per cent), Balkrishna Industries (up 0.66 per cent) and Hero MotoCorp (up 0.46 per cent) were also rallying.
However, Apollo Tyres (down 0.54 per cent), Bharat Forge (down 0.51 per cent), Bajaj Auto (down 0.46 per cent) and MRF (down 0.14 per cent) were the drags on the BSE Auto index.
Equity benchmarks were in the positive territory on gains in metal, auto and bank stocks.The BSE Sensex was up 120 points at 36,839, while the NSE Nifty50 index was up 48 points at 11,133.Among the 50 stocks in the Nifty index, 32 were trading in the green, while 18 were in the red.
In the Sensex index, 22 stocks were advancing, while 9 were declining.
Maruti Suzuki, Larsen Toubro and Infosys were the key drivers of the rally in Sensex index.