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Auto stocks slip

December 4, 2009

The BSE Auto index fell nearly 1.5 percent on Friday with stocks like Maruti Suzuki and Mahindra & Mahindra falling.

The auto index ended as the worst sectoral performer, with Exide Industries leading the losers pack with a near 5 percent decline.

Maruti and M&M which fell over 2 percent and Hero Honda which slipped 1.6 percent, ended as top losers among the Sensex components.

The Auto index has gained nearly 14 percent this month, as compared to a 7.6 percent rise in benchmark Sensex.

Would you take advantage of this fall?

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