Tata Motors down 1 per cent to Rs 410

Auto stocks saw down fall for the fourth straight day, Monday, in the view of monsoon. Tata Motors which is going to launch Tata Indigo Vista experienced 1 per cent fall at Rs 410. In the month of August, Toyota is to roll out Toyota Fortuner in the Indian car market. This SUV is supposed to be priced between Rs 18 to 20 lakh. Meanwhile, other loser in the auto industry are Bajaj Auto, Maruti Suzuki and Mahindra. The automobile index slipped 2.4% at 5,326. In the early trade, the index opened at 5,557 and touched a low of 5,311. The BSE auto index has underperformed the boader market and has declined 11.5% since Tuesday's close of 6,007. Mahindra & Mahindra dipped 5% to Rs 791. Maruti Suzuki fall 3% to Rs 1,253. Hero Honda slipped 2.2% at Rs 1,449. Escort and Amtek Auto has dipped 2.5% each to Rs 68 and Rs 135, respectively. Bajaj Auto has dropped 1.5% to Rs 1,159. However, Cummins and Ashok Leyland are up marginally at Rs 290 and Rs 33, respectively.