New Delhi, April 16 (IANS) Maruti Suzuki India saw its grip on the domestic passenger vehicle market weaken further in FY26, with its market share falling to a 13-year low of 39.26 per cent, according to data from the Society of Indian Automobile Manufacturers (SIAM).This marks the third consecutive year of decline for the country’s largest carmaker, which once commanded nearly half of India’s passenger vehicle market.Since FY20, the Gurugram-based company has lost close to 12 percentage poi…
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Mumbai, April 13 (IANS) Indian equity benchmarks recovered sharply from their intra-day lows on Monday, helped by buying in defence stocks, even as broader sentiment remained cautious due to ongoing geopolitical tensions in West Asia.The Nifty closed 0.86 per cent, or 207.95 points, lower at 23,842.65, while the Sensex ended the session down 0.91 per cent, or 702.68 points, at 76,847.57.Commenting on Nifty technical outlook, experts said that going ahead, 23,900 is likely to continue acting as i…
New Delhi, April 1 (IANS) India’s passenger vehicle market closed FY26 on a robust note, with Maruti Suzuki India, Tata Motors and Toyota Kirloskar Motor posted strong double-digit gains.Maruti Suzuki India recorded a 16.72 per cent year-on-year (YoY) growth in March 2026, selling 2,25,251 units compared to 1,92,984 units in the same month last year.Domestic passenger vehicle sales stood at 1,69,428 units, while exports rose to 47,040 units and supplies to other OEMs reached 8,783 units.For th…
Mumbai, March 13 (IANS) Indian equity markets ended sharply lower on Friday as rising tensions in the Middle East weighed on investor sentiment and triggered broad-based selling across sectors.The benchmark indices, Nifty and Sensex, closed deep in the red as concerns over the prolonged US-Iran conflict intensified fears of a gas supply crunch and higher energy costs.The Nifty declined 488.05 points, or 2.06 per cent, to settle at 23,151.10. Meanwhile, the Sensex dropped 1,470.50 points, or 1.93…
Mumbai, March 12 (IANS) Indian benchmark equity indices ended lower on Thursday as volatility in global oil prices dampened investor sentiment and triggered selling across sectors.The Nifty declined 0.95 percent, or 227.70 points, to close at 23,639.15. Meanwhile, the Sensex fell 1.08 percent, or 829.29 points, to settle at 76,034.42.Commenting on Nifty technical outlook, experts said that on the downside, 23,500 and 23,000 remain key demand zones, supported by strong put open interest that coul…
Mumbai, March 2 (IANS) Indian stock markets closed sharply lower on Monday as rising tensions between the US and Iran dampened investor sentiment and triggered selling across sectors.The benchmark Nifty fell 1.24 per cent, or 312.95 points, to settle at 24,865.70. The Sensex dropped 1.29 per cent, or 1,048.34 points, to close at 80,238.85, marking its lowest level since September 2025.Although the indices recovered some losses from the day’s lows, they remained firmly in the red by the end of …
Mumbai, Feb 26 (IANS) The Indian stock market ended a volatile trading session on a mixed note on Thursday, with healthcare and PSU bank stocks leading the gains while media and FMCG shares lagged behind.The benchmark Nifty closed marginally higher by 0.06 per cent, or 14.05 points, at 25,496.55. In contrast, the Sensex slipped 27.46 points, or 0.03 per cent, to settle at 82,248.61.Commenting on Nifty technical outlook, experts said that a decisive close above 25,700 accompanied by strong volume…
New Delhi, Feb 2 (IANS) Maruti Suzuki India has reported a strong sales performance in January, recording a 12 per cent year-on-year growth. The country’s largest carmaker sold 2.37 lakh vehicles during the month, according to the official data.The company also saw a sharp rise in customer interest, with bookings increasing by nearly 25 per cent compared with January 2025.During a media interaction, the management said Maruti Suzuki currently has pending bookings of around 1.75 lakh units. Of …