INTERIM BUDGET 2019 IMPACT: Auto, realty shares rally on sops to tax payers

Hero MotoCorp, Ashok Leyland, Maruti Suzuki, Eicher Motors, M&M, TVS Motor, Bajaj Auto, Indiabulls Real Estate, Oberoi Realty, DLF and Godrej Properties gained more than 3% each.

Shares of auto and real estate companies rallied by up to 6 per cent on the bourses after the Finance Minister Piyush Goyal on Friday proposed measures to boost spending in infrastructure sectors and rural areas.

Hero MotoCorp, Ashok Leyland, Maruti Suzuki India, Eicher Motors, Mahindra & Mahindra (M&M), TVS Motor Company and Bajaj Auto from automobiles, while Indiabulls Real Estate, Oberoi Realty, DLF, DB Realty and Godrej Properties from the real estate sector were up more than 3 per cent each.

At 12:51 pm, Nifty Auto and Nifty Realty indices were up 4 per cent each, as