Market Update: Nifty auto gains led by Maruti, Bajaj Auto; Jubilant Food hits new 52-week high

The Indian benchmark indices are trading on a�positive�note this Wednesday�afternoon�with the Nifty�adding�48�points and is trading at�10,748�mark.�The Sensex is trading higher by�195�points at 35,573.

Nifty auto is up close to a percent led by Amara Raja Batteries, Bajaj Auto, Eicher Motors, Maruti Suzuki, Motherson Sumi Systems and TVS Motor Company.

Bank Nifty�gained half a percent led by Kotak�Mahindra�Bank, IndusInd Bank, RBL Bank and Axis Bank.

Oil & gas stocks are also up led by Reliance Industries and Indian Oil Corporation.

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Selective metal names are also buzzing this Wednesday afternoon including�Hindustan Zinc,�Coal India, Jindal Steel & Power, Tata Steel and Welspun Corp.

Nifty pharma is up close to a percent led by stocks including Cadila Healthcare, Dr Reddy's Labs, GSK Pharma, Lupin, Glenmark Pharma and Sun Pharmaceutical Industries.

The top gainers among Nifty constituents were�Bajaj Auto, Bharti Infratel, Lupin, Indiabulls Housing Finance and Dr Reddy's Labs.

The most actively traded stocks on the NSE are Shriram Transport Finance which is down close to�14�percent�followed by�Sun Pharma,�Lupin, Just Dial and Maruti Suzuki.

The top NSE losers included�HPCL, Grasim Industries, BPCL,�Cipla and Vedanta.

Some of the top gainers on BSE are�Indocount Industries, Marksans Pharma, Sobha, Avanti Feeds and Bajaj Corp.

The top losers included Shriram Transport, SREI Infra, NBCC, Vakrangee and Kwality.

Britannia Industries, GSK Pharma, Godrej Consumer, Jubilant Foodworks and HEG�are�some�of the very�few stocks that hit fresh 52-week high in the�afternoon�trade.

On the other hand,�143�stocks have hit new 52-week low including�Finolex Industries, HPCL, HUDCO, Kwality, Mangalam Cement, Max Financial and Tata Motors among others.

The breadth of the market favoured�declines, with�804�stocks advancing, 895�declining and�365�remaining unchanged. On BSE,�1195�stocks advanced, 1286�declined and�133�remained unchanged.

Disclosure: Reliance Industries Ltd. is the sole beneficiary of Independent Media Trust which controls Network18 Media & Investments Ltd. First Published on Jul 4, 2018 02:25 pm