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Share Market Highlights 20 July 2023: Sensex jumps 470 pts, ends above 67,500; Nifty nears 20,000; ITC among top gainers

Share Market Highlights 20 July 2023: Sensex jumps 470 pts, ends above 67,500; Nifty nears 20,000; ITC among top gainers
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Auto shares rise 2 5 per cent; M&M jumps over 7 per cent - The Hindu BusinessLine

Auto shares rise 2.5 per cent; M&M jumps over 7 per cent × Buoyed by the sales momentum in January, the auto stocks have gained over 2 per cent on Monday s trade. The Nifty Auto index was trading 2.51 per cent higher at 10,992.90 around 11:25 am. The sectoral rise was led by Mahindra & Mahindra, up 7.09 per cent, followed by Exide Industries (up 6.33 per cent), Amaraja Batteries (up 4.07 per cent), Motherson Sumi (up 2.78 per cent), Tata Motors (up 2.71 per cent), Ashok Leyland (up 2.58 per cent) and TVS Motors (up 1.93 per cent). January sales Earlier, the domestic automobile dispatches (wholesales) in January sustained demand across segments, mostly due to the new launches, and companies are expected to continue the momentum in the current quarter.

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