• SENSEX
    NIFTY 50
Auto

Auto stocks gain as scrappage policy awaits Cabinet approval today

Updated : November 27, 2019 10:22 AM IST

The Nifty Auto index rose 1.5 percent during trade on Wednesday following news that Cabinet nod is awaited for the approval of scrappage policy in today's meeting.
Bharat Forge, Tata Motors, Ashok Leyland, M&M, Maruti Suzuki, and TVS Motor Company were up between 1.5-3 percent.
Union transport minister Nitin Gadkari told CNBC-TV18 that the draft policy is in its final stages and the government is only waiting for a nod from the Cabinet.
Auto stocks gain as scrappage policy awaits Cabinet approval today
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV