Dalal Street

Auto shares see demand in rangebound trading

The Nifty Auto of National Stock Exchange in morning trade in Dalal Street today rose 2 per cent to 6,901.75 (+139.70) points as major auto companies Maruti Suzuki, Mahindra, Tata Motors and Hero Motocorp witnessed buying interest from market participants.

Sensex, Nifty close over 2 per cent lower on sharp sell-off

Consequently, India 'VIX', or the volatility index- the market expectation of volatility over the near-term - closed sharply higher. The VIX closed on Tuesday at 18.60, after it had surged nearly 12 per cent in a single session.