[kaustubh_vaze]

Hi guys,
Problem fixed. I exchanged the front tyre with the spare wheel and the wobbling stopped completely.
Observations: The problem was with a bent rim. Some days back, during parking I had bumped against a footpath. :(. That had caused it.
Another thing I noticed is that the tyre was badly damaged. Could the damage be caused because of driving around for 1 week on a bent rim?

Thanks for your suggestions guys.