Stock market update: Nifty Auto index falls 1.57%

On the other hand, Mahindra & Mahindra Ltd.(down 4.82 per cent), TVS Motor Company Ltd.(down 3.88 per cent), Tata Motors Ltd.(down 2.27 per cent), Hero MotoCorp Ltd.(down 1.93 per cent) and Ashok Leyland Ltd.(down 1.38 per cent) finished as the top losers of the day.

The Nifty Auto index closed 1.57 per cent down at 20192.3.

Benchmark NSE Nifty50 index ended down 123.31 points at 22023.35, while the BSE Sensex stood down 453.85 points at 72643.43.

Among the 50 stocks in the Nifty index, 14 ended in the green, while 36 closed in the red.

Shares of YES Bank, Vodafone Idea, NHPC, Suzlon Energy and Indian Railway Fin were among the most traded shares on the NSE.

Shares of R K Swamy, Solar Ind., Wealth First Port, Somi Conveyor and Gopal Snacks hit their fresh 52-week highs in today's trade, while Davangere Sugar, Omkar Speciality, Bohra Industries, Hindustan Zinc and Bannari Amman hit their fresh 52-week lows.