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Maruti, Tata Motors lead auto rally

The Auto index was up 1% at 7,316. Tata Motors zoomed 4% to Rs 730. The counter witnessed trades of 1.66 million shares on the BSE. The auto index has added 1% at 7,307. Maruti Suzuki is now trading at Rs 1,614, up around 2% from the previous close.The counter has clocked volumes of 47,382 shares as compared to the two-week daily average traded volumes of 117,656 shares on the BSE. Tata Motors is now at Rs 717, up 2% from the previous close. The counter has witnessed trades of 399,849 shares as compared to the two-week daily average traded volumes of 859,964 shares on the BSE. Mahindra & Mahindra on the other hand is flat at 1,078. Around 50,339 shares have been traded on the BSE as compared to the two-week daily average traded volumes of 140,283 shares on the BSE. Other auto stocks like Escorts have zoomed 5% to Rs 121. It is followed by Ashok Leyland, Apollo Tyres, Amtek Auto, Tata Motors and Bajaj Auto, up 2-4% each. Cummins India and Hero Honda are down 0.5% each.

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