Share market update: Auto shares in the red; Exide Industries slips 4%

NEW DELHI: Auto shares were trading in the red in Friday's morning session.

Shares of Exide Industries (down 4.57 per cent), Amara Raja Batteries (down 4.23 per cent), Mahindra & Mahindra (down 1.98 per cent) and TVS Motor Company (down 1.75 per cent) were the top losers in the index.

Apollo Tyres (down 1.53 per cent), Tata Motors (down 1.37 per cent), Bajaj Auto (down 1.32 per cent) and Hero MotoCorp (down 1.30 per cent) too were trading lower.

The Nifty Auto index was trading 1.33 per cent down at 7339.55 around 09:49 am.

Benchmark NSE Nifty50 index was down 40.60 points at 11,556.30 while the BSE Sensex was down 130.44 points at 38,767.02.

Among the 50 stocks in the Nifty index, 15 were trading in the green, while 35 were in the red.

Shares of YES Bank, Vodafone Idea, Dish TV India, NTPC, SBI, Ashok Leyland, ONGC, NCC, Tata Motors and Bank of Baroda were among the most traded shares on the NSE.