Maruti Suzuki, TVS Motor, Eicher Motors, Maharashtra Scooters hit new high

The S&P BSE Auto index and Nifty Auto index, hit new high, up more than 1%.

Shares of automobiles companies are in top gear with the S&P BSE Auto and Nifty Auto index gaining more than 1% after Maruti Suzuki and Eicher Motors reported a good set of sales numbers in the month of July.

At 12:21 pm; the S&P BSE Auto index (up 347 points or 1.4%) and Nifty Auto index (up 140 points or 1.3%), the largest gainers among sectoral indices, were up by more than 1% each, trading at their record high levels. By comparison, S&P BSE Sensex and Nifty 50 index were up by marginally 0.06% and 0.14%, respectively.

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