Auto, energy sectors drag sensex, Nifty; small and mid-caps outperform

Indian shares closed lower on Tuesday due to mixed auto sales data in September and concerns over elevated interest rates. The Nifty 50 index fell 0.56% and the Sensex fell 0.48%. Auto stocks dropped 1.20%, with Eicher Motors and Escorts Kubota among the biggest losers. State-run oil producer ONGC also saw a decline in its stock, dragging the energy index lower.

Oct 3, 2023 - 16:30
Auto, energy sectors drag sensex, Nifty; small and mid-caps outperform
Indian shares closed lower on Tuesday due to mixed auto sales data in September and concerns over elevated interest rates. The Nifty 50 index fell 0.56% and the Sensex fell 0.48%. Auto stocks dropped 1.20%, with Eicher Motors and Escorts Kubota among the biggest losers. State-run oil producer ONGC also saw a decline in its stock, dragging the energy index lower.