Auto sector stocks witnessed a sharp decline in early trading on Thursday, with several major players experiencing significant losses. Bajaj Auto led the sector’s drop, plunging 8.60% to ₹10,617.65, followed by Hero MotoCorp, which fell 4.38% to ₹5,161.70.
Other key movements in the auto sector include:
- Bosch Ltd: Down 2.37% to ₹37,355.40
- Eicher Motors: Fell 2.60% to ₹4,556.70
- Maruti Suzuki: Dropped 1.76% to ₹12,165.40
- Motherson: Down 1.94% to ₹202.63
- Apollo Tyres: Declined 1.55% to ₹510.75
- Balkrishna Industries: Fell 1.33% to ₹2,987.00
- M&M: Dropped 1.79% to ₹3,013.00
Other auto-related stocks such as Apollo Tyres and Balkrishna Industries also experienced declines, falling 1.55% and 1.33% respectively.
The sector-wide decline reflects broader market volatility, with investors reacting to cautious management commentary and potential headwinds in the near term.
Stock prices as on today, 9:39AM
Disclaimer: This article is for informational purposes only and does not provide investment advice. Investors should consult with a financial advisor before making any investment decisions. Neither the publication nor the author holds any responsibility for investment outcomes based on the information provided.
