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.

StockCurrent PriceLast Close% Change
Maruti Suzuki India Ltd.₹10637.95₹10186.94.43%
Cipla Ltd.₹1387.65₹1351.02.71%
Power Grid Corporation of India Ltd.₹265.8₹259.32.51%
Eicher Motors Ltd.₹3933.2₹3839.62.44%
SBI Life Insurance Company Ltd.₹1432.75₹1401.152.26%

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%.

See Also: End Of The Line? Railway Stocks Lose Steam As Budget Disappoints Investors

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

StockCurrent PriceLast Close% Change
UltraTech Cement Ltd.₹9922.3₹10167.35-2.41%
Larsen & Toubro Ltd.₹3398.0₹3479.75-2.35%
Grasim Industries Ltd.₹2128.6₹2175.0-2.13%
Dr. Reddy’s Laboratories Ltd.₹5993.15₹6121.15-2.09%
JSW Steel Ltd.₹801.7₹818.65-2.07%

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%.

Read Next: These 3 Stocks Surge Upto 13% — Thanks To Nirmala Sitharaman’s Budget Speech


Engineered by Benzinga Neuro, Edited by Utkarsh Roshan


The GPT-4-based Benzinga Neuro content generation system exploits the extensive Benzinga Ecosystem, including native data, APIs, and more to create comprehensive and timely stories for you. Learn more.


Posted In: EquitiesMarketsMoversTrading IdeasBudget 2024Gainers And LosersNifty 50