Midcap Radar | Nifty Auto falls 4%, Sensex, Nifty trade lower, NBFCs Are Pulling The Market Down

Nifty Auto dipped over 410 points, or by 3.96 percent, to trade at 9,995.45 at 2.26 pm. As many as 15 stocks have declined on the 16 share sectoral indice, with Motherson Sumi, M&M, Eicher Motors, Maruti Suzuki and TVS Motor. Motherson Sumi Systems fell to a 52-week low of Rs 250.10. It traded at Rs 252.60, tanking by 8.31 percent at 2.35 pm on the NSE. Eicher Motors fell to its 52-week low of Rs 26,080. Maruti Suzuki also fell by 3.42 percent. Benchmark indexes continue to trade sharply negative. At 2.37 pm, the NSE Nifty50 dropped by 172.20 points, or 1.55 percent, to trade at 10,970.90. The BSE Sensex hovered above the 36,400 mark, trading at 36,415.55. The BSE index has slumped by 426.05 points, or by 1.16 percent. CNBC-TV18 is India's No.1 Business medium and the undisputed leader in business news. The channel's benchmark coverage extends from corporate news, financial markets coverage, expert perspective on investing and management to industry verticals and beyond. CNBC-TV18 has been constantly innovating with new genres of programming that helps make business more relevant to different constituencies across India. India's most able business audience consumes CNBC-TV18 for their information & investing needs. This audience is highly diversified at one level comprising of key groups such as business leaders, professionals, retail investors, brokers and traders, intermediaries, self-employed professionals, High Net Worth individuals, students and even homemakers but shares a distinct commonality in terms of their spirit of enterprise. Subscribe to our Channel: https://goo.gl/hKwgtm Like us on Facebook:   / cnbctv18india   Follow us on Twitter:   / cnbctv18news   Website: http://www.moneycontrol.com/cnbctv18/