RBI rate hike drags auto stocks; Bajaj Auto, Ashok Leyland among top losers

Shares of Ashok Leyland are the top losers on the Nifty Auto index, declining as much as 3.5%, while shares of Bajaj Auto, Tube Investments, Bharat Forge, Hyundai Motor India, and Hero MotoCorp, fell between 2% to 3% each after the policy announcement.

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