June 1, 2018 / 5:47 AM / 17 days ago

BUZZ-India's Bajaj Auto, Maruti Suzuki gain on strong monthly sales

** Shares of auto companies Maruti Suzuki India Ltd and Bajaj Auto Ltd gain after posting higher monthly sales for May

** Bajaj Auto’s sales rose nearly 30 pct to 407,044 vehicles in May

** Bajaj Auto shares gain as much as 5.4 pct to 2,899 rupees, post their biggest daily pct gain since April 13, 2016

** Stock is top pct gainer on NSE index

** Maruti Suzuki’s total sales jump 26 pct to 172,512 vehicles in May

** Maruti shares rise as much as 2.8 pct to 8,774 rupees in their biggest daily pct gain since Feb 22

** Nifty Auto index climbs 1.3 pct in morning trade

** Bajaj’s rival Eicher Motors Ltd posted 23 pct rise in motorcycle sales, but shares down 1.2 pct

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