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The Nifty Auto index was trading 0.28 per cent up at 18275.75.

A total of 141,808 shares changed hands on the counter till 11:06AM (IST)

On a year-to-date basis, the top gainer in his Rs 1,500-crore portfolio is smallcap civil construction stock Om Infra which has rallied 271%.

Mahesh Patil says: "As the market starts to factor in rate cuts, and dollar weakens, one should expect FII allocations to India also improve as India offers the best growth amongst all major economies. With Nifty valuation only marginally above the long-term average, we expect market returns to be tracking overall earnings growth."

Dinshaw Irani says: “Among the commodity players, we do not like the cement space. We think there is enough capacity and beyond, just because of the price discipline that they have, they are managing to go ahead and we have seen that. There have been pullbacks in prices and all that. It is not a comfortable space to be in or the players are fairly stretched on valuations.

The indices have risen 8% each so far this month, helped by strong domestic macroeconomic data, a return of foreign inflows, and moderation in oil prices. The monthly gains are also the most this year and the highest since July 2022.

Hero MotoCorp Ltd. key Products/Revenue Segments include Motorised Two Wheelers Upto 350cc Engine Capacity, Spares (Two Wheelers), Sale of services, Other Operating Revenue and Duty Drawback for the year ending 31-Mar-2023.