The market is volatile with the Nifty struggling below 8950. The 50-share index is up 11.40 points or 0.1 percent at 8929.35 and the Sensex is up 51.52 points or 0.2 percent at 28977.88. About 1526 shares have advanced, 1020 shares declined, and 180 shares are unchanged.
Tata Steel, Bajaj Auto, Hero MotoCorp, Sun Pharma and Maruti Suzuki are top gainers in the Sensex while TCS, Wipro, Infosys, GAIL and Tata Motors are losers.
Domestic passenger vehicle sales grew 16.68 percent to 2,58,722 units in August from 2,21,743 units in the same month last year.
Car sales were also up 9.53 percent to 1,77,829 units as against 1,62,360 units in August last year, according to the data released by the Society of Indian Automobile Manufacturers (Siam).
Motorcycle sales last month jumped by 22.19 percent to 10,05,666 units as against 8,23,051 units a year earlier. Total two-wheeler sales in August grew 26.32 percent to 16,48,883 units compared with 13,05,348 units in the year-ago month.
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