Maruti Suzuki slips 2 pc as six-day advance comes to halt

MUMBAI: Shares of Maruti Suzuki India today settled with a two-per cent loss on the bourses, as investors booked profits after a six-day advance in the stock.

The carmaker's shares settled for the day at Rs 1,128, down 1.99 per cent from its previous close on the BSE. This made Maruti Suzuki the biggest loser among the 30 stocks on the Sensex, which gained about three per cent today.

During the day, the scrip had dropped by as much as 3.37 per cent to touch a low of Rs 1,112.10 at the BSE.

Ignoring the broader market rally, Maruti closed at Rs 1,130.55, down 1.63 per cent at the NSE.

In the last six trading sessions, Maruti's share price had spurted by over 9 per cent.

At the volume front, 1.31 lakh shares of the company were traded on the BSE, while over 15 lakh equities changed hands on the NSE.

Maruti Suzuki was among the only three Sensex stocks to settle in the red today, when the benchmark index surged by 515.97 points, its biggest single-day surge in two months.

The other two Sensex that settled with losses included Bharti Airtel (down 0.65 per cent) and Bajaj Auto (down 0.11 per cent).