Auto shares on May 13; Bharat Forge Limited surges almost 5%

Auto shares on May 13; Bharat Forge Limited surges almost 5% Auto shares on May 13: On Wednesday, both Sensex and Nifty reported a bullish trend in the stock market on Wednesday after the bearish trend in the last two sessions. The Sensex is trading above 32,000 levels, and Nifty... The post Auto shares on May 13; Bharat Forge Limited surges almost 5% appeared first on stockinvestor.in.

Auto shares on May 13; Bharat Forge Limited surges almost 5%

Auto shares on May 13; Bharat Forge Limited surges almost 5%

Auto shares on May 13: On Wednesday, both Sensex and Nifty reported a bullish trend in the stock market on Wednesday after the bearish trend in the last two sessions. The Sensex is trading above 32,000 levels, and Nifty is trading above 9,300 levels in the stock market. The Sensex gained 724.40 points with a 2.31% increase and reached a 32,094.24 level. While Nifty gained 209.00 points with a 2.27% increase and reached 9,405.55 level.

On the other side, the number of coronavirus cases in India reached 74,281 as of Wednesday, May 13, and deaths reached 24,386.

However, the Nifty Auto shares on May 13 trading bullishly in the stock market. It gained 168.00 points with a 2.94% increase and reached a 5,878.75 level. The list of companies reported a bullish trend in the stock market is as follows:

Tata Motors Limited: The company trading bullishly in the stock market on Wednesday. The company gained 2.55 points with a 2.96% increase and reached 88.70 INR. While in BSE, the company gained 2.65 points with a 3.08% increase and reached 88.90 INR.

Amara Raja Batteries Limited: The company trading bullishly in the stock market on Wednesday. The company gained 13.85 points with a 2.48% increase and reached 572.15 INR. While in BSE, the company gained 13.45 points with a 2.41% increase and reached 571.60 INR.

Hero Motocorp Limited: The company trading bullishly in the stock market on Wednesday. The company gained 64.75 points with a 3.05% increase and reached 2,178.80 INR. While in BSE, the company gained 67.90 points with a 3.21% increase and reached 2,180.80 INR.

Maruti Suzuki India Limited: The company trading bullishly in the stock market on Wednesday. The company gained 188.70 points with a 3.81% increase and reached 5,142.00 INR. While in BSE, the company gained 195.85 points with a 3.96% increase and reached 5,146.00 INR.

Mahindra & Mahindra Limited: The company trading bullishly in the stock market on Wednesday. The company gained 12.55  points with a 3.19% increase and reached 405.60 INR. While in BSE, the company gained 12.85 points with a 3.27% increase and reached 405.85 INR.

Eicher Motors Limited: The company trading bullishly in the stock market on Wednesday. The company gained 95.25 points with a 0.68% increase and reached 14,263.70 INR. While in BSE, the company gained 115.55 points with a 0.82% increase and reached 14,276.00 INR.

TVS Motor Limited: The company trading bullishly in the stock market on Wednesday. The company gained 8.95 points with a 2.65% increase and reached 347.10 INR. While in BSE, the company gained 8.35 points with a 2.46% increase and reached 347.85 INR.

Exide Industries Limited: The company trading bullishly in the stock market on Wednesday. The company gained 0.85 points with a 0.56% increase and reached 153.20 INR. While in BSE, the company gained 0.90 points with a 0.59% increase and reached 153.30 INR.

MRF Limited: The company trading bullishly in the stock market on Wednesday. The company gained 1,257.90 points with a 2.18% increase and reached 58,865.00 INR. While in BSE, the company gained 1,060.45 points with a 1.84% increase and reached 58,801.35 INR.

Apollo Tyres Limited: The company trading bullishly in the stock market on Wednesday. The company gained 2.85 points with a 3.13% increase and reached 93.80 INR. While in BSE, the company gained 2.95 points with a 3.25% increase and reached 93.80 INR.

Bajaj Auto Limited: The company trading bullishly in the stock market on Wednesday. The company gained 71.30 points with a 2.71% increase and reached 2,700.65 INR. While in BSE, the company gained 71.10  points with a 2.70% increase and reached 2,702.55 INR.

Bharat Forge Limited: The company trading bullishly in the stock market on Wednesday. The company gained 14.15 points with a 4.98% increase and reached 298.15 INR. While in BSE, the company gained 13.85 points with a 4.88% increase and reached 297.85 INR.

Ashok Leyland Limited: The company trading bullishly in the stock market on Wednesday. The company gained 1.80 points with a 3.70% increase and reached 50.40 INR. While in BSE, the company gained 1.90 points with a 3.91% increase and reached 50.45 INR.

Motherson Sumi Systems Limited: The company trading bullishly in the stock market on Wednesday. The company gained 3.20 points with a 3.90% increase and reached 85.25 INR. While in BSE, the company gained 3.15 points with a 3.84% increase and reached 85.20 INR.

The only loser in the Auto Sector on May 13 stock market is as follows:

Bosch Limited: The company trading bearishly in the stock market on Wednesday. The company lost 38.90 points with a 0.40% decrease and reached 9,728.50 INR. While in BSE, the company lost 60.90 points with a 0.62% decrease and reached 9,710.00 INR.

In the border market, the S&P BSE Smallcap index reported a bullish trend in the stock market on Wednesday. It gained 166.97 points with a 1.59% increase and reached a 10,733.50 level. The S&P BSE Midcap index gained 155.65 points with a 1.36% increase and reached an 11,568.98 level. While Nifty Bank gained 911.00 with a 4.96% decrease and reached a 19,798.70 level.

Top Gainers on May 13: Larsen, ICICI Bank, UltraTech Cement, Bajaj Finance, and Axis Bank are the top gainers in today’s stock market

Top Losers on May 13: Nestle India, Sun Pharma, and Bharti Airtel are the top losers in today’s stock market. 

The post Auto shares on May 13; Bharat Forge Limited surges almost 5% appeared first on stockinvestor.in.

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Stock Recommendations: Chambal Fertilisers & Chemicals Ltd (CHMB) is a buy call with a target of Rs. 139-160 and a stop loss of Rs. 125. National Peroxide Ltd (NTPR) is a buy call with a target of Rs. 1950-1980 and a stop loss of Rs. 1815. Gujarat Narmada Valley Fert.Co.Ltd... The post Buy Chambal Fertilisers, National Peroxide & Gujarat Narmada Valley appeared first on stockinvestor.in.

Buy Chambal Fertilisers, National Peroxide & Gujarat Narmada Valley

Stock Recommendations:

Chambal Fertilisers & Chemicals Ltd (CHMB) is a buy call with a target of Rs. 139-160 and a stop loss of Rs. 125.

National Peroxide Ltd (NTPR) is a buy call with a target of Rs. 1950-1980 and a stop loss of Rs. 1815.

Gujarat Narmada Valley Fert.Co.Ltd (GNFC) is a buy call with a target of Rs. 151 and a stop loss of Rs. 134.

Disclaimer: The perspectives and investment tips are given in this section are the expert’s own and not that of the website or its management. We encourage clients to check with certified experts before taking any position in the stocks/shares mentioned.

The post Buy Chambal Fertilisers, National Peroxide & Gujarat Narmada Valley appeared first on stockinvestor.in.

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