NEW DELHI: Mirroring the market mood, most auto stocks were incurring losses in afternoon trade on Wednesday.The BSE Auto index was trading 0.96 per cent down at 23,839 around 02:15 pm, with only two stocks- Cummins India (up 0.84 per cent) and Bajaj Auto (up 0.77 per cent)- trading with gains.Balkrishna Industries (down 2.96 per cent) was the top loser in the index, followed by Ashok Leyland (down 2.15 per cent), Tata Motors (down 1.87 per cent) and Mahindra Mahindra (MM) (down 1.51 per cent).Shares of Apollo Tyres (down 1.31 per cent), MRF (down 1.21 per cent), Exide Industries (down 1.20 per cent), Bosch (down 1.17 per cent), TVS Motor Company (down 0.84 per cent) and Maruti Suzuki India (down 0.80 per cent) fell in that order.Equity benchmarks Sensex and Nifty suffered more losses in afternoon session of trade on sustained capital outflow amid fresh fall in Indian rupee.Heavy losses in bank, financial, FMCG and oil gas counters dragged Sensex and Nifty down.The BSE Sensex was 349 points down at 37,809, while the NSE Nifty50 index was down 116 points at 11,404.Among the 50 stocks in the Nifty index, 12 were trading in the green, while 38 were in the red.
In the Sensex kitty of stocks, only eight stocks were advancing, while 23 were declining in trade.YES Bank, Wipro and Vedanta were trading up in the Sensex index.HUL, Bharti Airtel and Reliance Industries were among the top losers in the Sensex index.