NEW DELHI: Most auto stocks were trading with gains in the morning session of trade on Monday, buoyed by their August sales numbers.
The Nifty Auto index was trading 0.77 per cent up at 11,094 around 10:10 am.
Ashok Leyland (up 4.07 per cent) was the top gainer in the pack.Ashok Leyland on Saturday reported a 27 per cent increase in total sales at 17,386 units in August.Eicher Motors (up 2.21 per cent), Tata Motors (DVR) (up 1.97 per cent) and Tata Motors (up 1.59 per cent) climbed up to 2 per cent.Royal Enfield, the two-wheeler division of Eicher Motors, on Saturday reported a 2 per cent growth in total sales at 69,377 units in August, PTI reported.
Tata Motors' domestic sales for the month of August stood at 58,262 units, up by 27 per cent.
Mahindra Mahindra reported a 14 per cent increase in total sales at 48,324, whereas Hero MotoCorp reported a 0.92 per cent rise in total sales at 685,047 units in August.
Shares of Bajaj Auto (up 1.35 per cent), Bosch (up 1.10 per cent), Exide Industries (up 1 per cent), Amara Raja Batteries (up 0.87 per cent), Mahindra Mahindra (up 0.81 per cent) and Hero MotoCorp (up 0.68 per cent) rose in that order.
Apollo Tyres (up 0.62 per cent), Bharat Forge (up 0.46 per cent), TVS Motor Company (up 0.42 per cent) and Motherson Sumi Systems (up 0.31 per cent) too were in the green.
However, shares of Maruti Suzuki India (down 0.62 per cent) fell after it reported a drop of 3.40 per cent in August sales.
The monthly sales figure, which came out on Saturday, stood at 1,58,189 units.
The company sold 1,63,701 units in the same month last year.
Market was in the positive terrain as strong GDP numbers and rupee's improved health came as a welcome relief for investors.Benchmark NSE Nifty50 index was up 36 points at 11,716, while the BSE Sensex was up 127 points at 38,773.
Among the 50 stocks in the Nifty index, 33 were trading in the green, while 17 were in the red.