Ashok Leyland to Samvardhan Motherson: Auto stocks rise after 50 bps repo rate cut in RBI MPC meeting

Wait 5 sec.

Stock Market Today: Ashok Leyland to Samvardhan Motherson, the Auto stocks saw a sharp rise after the 50 bps repo rate cut announced in RBI MPC meeting. The rate sensitive Auto stocks got a tailwind as the reduces lending rates could spurt sales. Nifty Auto index gained near 1%.