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Auto stocks were trading in green, with the S&P BSE Auto index increasing 432.48 points or 1.78% at 24689.82 at 09:48 IST.
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Benchmark indices bounced back in the afternoon trade. At 1.27 pm (IST), the barometer index S&P BSE Sensex traded 101 points higher at 50,357. The Nifty 50 index was up 46 points at 14,836.
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SBI, Hero MotoCorp, NTPC, Adani Power, Arvind, Ipca Labs, PFS, Suzlon, Tata Power, Trent and Zee are slated to announce their financial results on Thursday
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Indian stocks are expected to open on a flat note after seeing steep recent rally.
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The BSE benchmark Sensex closed above the historic 50,000 mark for the first time ever.
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Sensex witnessed mild profit-booking at higher levels but managed to end the day at fresh closing peak of 50,255.75, up 458 points or 0.92% while Nifty rose 142 points to end the day’s trade at another record high of 14,789.95.
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Motherson Sumi Systems Ltd is quoting at Rs 160.65, up 2.78% on the day as on 12:49 IST on the NSE. The stock is up 19.84% in last one year as compared to a 23.82% spurt in NIFTY
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Tata Motors Ltd is quoting at Rs 335.75, up 4.27% on the day as on 12:49 IST on the NSE. The stock is up 102.63% in last one year as compared to a 23.82% spurt in NIFTY and a 33.5% spurt in the Nifty
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Mahindra & Mahindra Ltd is quoting at Rs 854.55, up 4.62% on the day as on 12:49 IST on the NSE. The stock is up 48.13% in last one year as compared to a 23.82% jump in NIFTY
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Bandhan Bank Ltd is quoting at Rs 343.4, up 1.19% on the day as on 12:49 IST on the NSE. The stock is down 21.58% in last one year as compared to a 23.82% spurt in NIFTY