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Auto stocks end weak

February 23, 2010

The BSE auto index slipped 1.8 percent on Tuesday, with shares in Maruti Suzuki slipping 3.2 percent.

Maruti Suzuki India is recalling 100,000 A-Star hatchbacks to fix a fuel leakage problem, a spokesman for the company told Reuters on Tuesday.

Shares in Ashok Leyland ended down 3 percent, Apollo Tyres slipped 2.95 percent, whereas TVS Motors ended down 2.8 percent.

Tube Investments was the only stock in the index which ended in green.

What is your view about the auto space currently?

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