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Markets subdued. Auto stocks drag

Markets have been seeing trades on the downside, with stocks from the auto and metal sectors dragging down.

At 10:12 AM, the Nifty is at 5325.40, down by 35 pts or -0.65%.

Auto stocks have been the major losers. Tata motors has seen a decline of over 3.4% and is currently trading at 199.70. Maruti has lost 2.6%, post its announcement of results. M&M is also down by 0.6%.

Metal counters have also seen declines. Hindalco is trading with 2.4% cuts. Tata steel is down by 0.7%. SAIL is down by 1%. Sterlite has lost 2.5%.

Wipro has gained 2%, after the company came up with the results. Infy is also up by 1.1%.

Punj lloyd is up by 3%.



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