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Nifty Auto trims gains after surging 3% on government measures

Updated : August 26, 2019 12:55 PM IST

Nifty Auto during the opening bell on Monday surged over 3 percent after the government announced key reforms to ease the pain in the auto sector.
Finance Minister Nirmala Sitharaman announced a slew of measures including deferring one-time registration fee, lifting ban on purchase of petrol/diesel vehicles by its departments and allowing higher depreciation.
Nifty Auto trims gains after surging 3% on government measures
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