The Nifty Auto index ended 3.4% higher on Tuesday, against benchmark Nifty’s gains of 2.2%. Samvardhana Motherson International was the top performer on the index, up 8%, followed by Balkrishna Industries, Bharat Forge and Tata Motors, which gained 4.5-7% each.
Volatile yen draws intervention watch, other currencies subdued
In response to last week’s notable drop, currency markets have been closely monitoring the yen. Reports suggest that Japanese officials are conducting rate checks, hinting