A maturing market amid the mayhem
Auto stocks end lower
The BSE Auto Index fell 1.4 percent and was the top sectoral loser, with stocks like Hero Honda and Tata Motors slipping.
Hero Honda shed nearly 3 percent after it posted a 1.6-percent drop in quarterly net profit. JPMorgan cut its share price target for the stock.
Tata Motors ended down 2.2 percent while Ashok Leyland ended down 1.5 percent.
M&M was among stocks that closed in the green, closing 2.7 percent higher.
Would you take advantage of this fall and invest in these counters?