NEW DELHI: Most auto stocks were trading in the negative territory during afternoon trade on Wednesday.The BSE Auto index was trading 0.61 per cent down at 24,039 around 12:45 pm.
Shares of Ashok Leyland (down 2.90 per cent), Apollo Tyres (down 1.66 per cent), Bharat Forge (down 1.62 per cent), Exide Industries (down 1.57 per cent) and Eicher Motors (down 1.39 per cent) were the top losers in the auto index.Shares of Motherson Sumi Systems (down 1.21 per cent), Tata Motors (down 0.94 per cent), Balkrishna Industries (down 0.90 per cent), Bajaj Auto (down 0.88 per cent), Hero MotoCorp (down 0.76 per cent), TVS Motor Company (down 0.70 per cent), Cummins India (down 0.62 per cent) and Bosch (down 0.32 per cent) were also down.
Meanwhile, Maruti Suzuki India (up 0.17 per cent) and Mahindra Mahindra (up 0.12 per cent) were trading with nominal gains, while shares of MRF (down 0.07 per cent) were almost flat.
Benchmark BSE Sensex was 85 points down at 35,405, while the NSE Nifty50 index was down 44 points at 10,725.Among the 50 stocks in Nifty index, 13 were trading in the green, while 37 were in the red.
In the Sensex kitty, 9 stocks were up, while 22 were down.ICICI Bank, NTPC and Power Grid Corporation were among the top losers in the Sensex index.