Today, Nifty Auto index was trading 0.08 percent up at 11,016.15 around 10:50 am. Shares of Mahindra & Mahindra, TVS Motor Company, Ashok Leyland, Bosch and Motherson Sumi Systems were trading in the negative territory in the morning session of trade on Friday, keeping the sectoral index subdued.
On the other hand, shares of Bharat Forge, Eicher Motors, Tata Motors, Apollo Tyres, Bajaj Auto and Tata Motors were trading with gains. Other stocks those were trading in green in the index are Exide Industries, Hero MotoCorp, Amara Raja Batteries, MRF and Maruti Suzuki India.
Benchmark NSE Nifty50 index was almost flat at 11,679.2, while the BSE Sensex was 20 points down at 38,670.28. Among the 50 stocks in the Nifty index, 34 were trading in the green, while 16 were in the red. HCL Technologies, Bharti Infratel, Tech Mahindra, Dr. Reddy’s Laboratories and Wipro were among the top gainers, while YES Bank, Vedanta, Reliance Industries, Mahindra & Mahindra and Hindalco Industries were among the top losers in the index.
The stock Market trading is one of the most difficult businesses to pursue. The stock market trades are always associated with the risk of incurring the loss. It is important to bend and change with the ever-changing market. This flexibility is always important while trading in the stock market. In order to be a successful trader, the different course of action is required in different market situations. The tricks and the strategies which are working in the bullish market may not suit best for bearish or range bound market. Similarly, something that works well in the range-bound market may not perform well in the trending market.
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