After opening the day on a positive note, Indian share markets have continued the momentum and are currently trading in green. All sectoral indices are trading on a positive note, with stocks in the capital goods sector and stocks in the auto sector witnessing maximum buying interest.

The BSE Sensex is trading up 205 points (up 0.6%) and the NSE Nifty is trading up 72 points (up 0.7%). Meanwhile, the BSE Mid Cap index is trading up by 1%, while the BSE Small Cap index is trading up by 0.9%. The rupee is trading at 64.52 to the US$.

In news from stocks in the automobile sector. Tata Motors on Wednesday rolled out the first batch of Tigor Electric Vehicles (EVs), which would be supplied to Energy Efficiency Services Ltd. (EESL) as part of a plan to equip the government with EVs to curb emissions.

EESL gave out a contract in September to Tata Motors Ltd and Mahindra and Mahindra Ltd, kicking off India’s electric vehicle procurement programme.

These vehicles will be used to replace petrol and diesel cars used by the government and its agencies, which have around half-a-million cars, of which about a third are leased.

Mahindra lost out to rival Tata Motors Ltd in a government contract for 500 electric vehicles but later said it would match the lowest bid of Rs 1 million per vehicle made by Tata Motors as it wanted to be part of the government’s electric mobility mission.

For phase 1, Tata Motors is required to deliver 250 Tigor EVs. It is expected to supply an additional 100 cars to EESL shortly.

Currently, electric vehicle sales are low in India, rising 37.5% to 22,000 units in the year ended 31 March 2016 from 16,000 in 2014-15. Only 2,000 of these were cars and other four-wheelers, according to automobile lobby groupSociety of Indian Automobile Manufacturers (Siam).

The government wants to see 6 million electric and hybrid vehicles on Indian roads by 2020 under the National Electric Mobility Mission Plan 2020.