Reuters Market Eye - Shares in Maruti Suzuki(MRTI.NS) gain 3.4 percent on media reports of price hike in January.
Among other auto gainers, Tata Motors (TAMO.NS) rises 2.1 percent while Mahindra and Mahindra (MAHM.NS) gains 2.1 percent.
Dealers say January may see a lot of auto manufactures going for price hike after December inventory gets sold off.
General Motors Co's Indian unit said on Thursday it will increase car prices in the country by 1-3 percent from January due to high input costs and currency fluctuation.
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Jindal Steel and Power is in advanced talks with some resources firms to sell more steel and mining assets, its CEO told Reuters, adding the company hopes to close a $976 million power plant deal well before a mid-2018 deadline. Full Article