Automobile stocks jumps more than 8%, Nifty holding above 9K

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Automobile stocks are showing buying interest today and the Nifty Auto index has jumped more than 8%.Nifty is trading above 9000 on a broad based rally.
Automobile stocks, The Nifty Auto index, Nifty

Automobile stocks are showing buying interest today and the Nifty Auto index has jumped more than 8%.Nifty is trading above 9000 on a broad based rally.

All stocks in the Nifty auto index are trading in green. Bajaj auto and Maruti have rallied above 10 per cent. While Mahindra and Mahindra, Tata Motors, Motherson sumi, Hero Motocorp, Apollo tyres,  Bharat forge rallied 7 -9 per cent.

Nifty Auto Index, Source: NSE

Nifty is holding on its gain above 9 k and is currently trading at 9077.25 with 328.5 points rally.Cipla , Maruti and Bajaj Auto are the major winners in Index Nifty.

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