Maruti Suzuki Leads Gainers As Markets End Budget Day In Red

In Thursday’s trading session, Maruti Suzuki India led the gains and UltraTech Cement experienced the most significant drop.

Maruti Suzuki India stood out as the star performer, with its stock price increasing by 4.43%, closing at ₹10,637.95.

Cipla and Power Grid Corporation of India also showcased strong performances, with increases of 2.71% and 2.51%, respectively. Eicher Motors and SBI Life Insurance Company completed the list of top gainers with rises of 2.44% and 2.26%.

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Conversely, UltraTech Cement faced the most significant decline, with its stock price dropping by 2.41%, closing at ₹9,922.30.

Larsen & Toubro and Grasim Industries also experienced declines, with their stock prices falling by 2.35% and 2.13%. Dr. Reddy’s Laboratories and JSW Steel rounded out the list of top losers, witnessing decreases of 2.09% and 2.07%, respectively.

The markets closed flat on Thursday following the announcement of the interim budget by Finance Minister Nirmala Sitharaman, which failed to excite investors. The Nifty 50 closed 0.13% lower at 21,697.45, while the Sensex ended down by 0.15% at 71,645.30. Sector-wise, auto, bank, FMCG, and power sectors saw gains of 0.2-0.8%, while capital goods, metal, and realty sectors witnessed declines of around 1%.

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