BSE Auto index hits 21-month low; Bajaj Auto, TVS Motor hit 52-week low

Shares of automobile companies continued trading lower with the S&P BSE Auto index hitting the 21-month low on concern of the decline in volumes, on the back of higher product prices and running costs. At 10:38 am; the S&P BSE Auto index was trading 0.52% lower at 19,871, as compared to 0.09% decline in the S&P BSE Sensex. The auto index hit an intra-day low of 19,627, recorded its lowest level since December 27, 2016.

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