India, Aug. 28 -- After opening on a strong note thanks to easing AI slowdown fears after Nvidia's impressive results, the German market retreated and slipped into negative territory on Thursday. Despite paring some early gains, auto stocks remain fairly well up in positive territory.
The benchmark DAX, which climbed to 24,203.50 earlier, was down 21.00 points or 0.09% at 24,032.51 a little while ago.
Porsche is rising nearly 2%. Siemens, Brenntag, Mercedes-Benz, Beiersdorf, Daimler Truck Holding, BMW and Sartorius are gaining 1 to 1.7%.
Automotive supplier Continental is up 1.5% after announcing the sale of its ContiTech business area Original Equipment Solutions to Regent.
Infineon Technologies is advancing nearly 1%. Porsche Automobi...