Terming it a sheer abuse of the court process, the Delhi High Court recently dismissed a plea to appoint an arbitrator to settle a 2006 dispute against Maruti Udyog Limited (now Maruti Suzuki Limited).
Positive setup was seen in stocks like GMR Infra, MCX, Grasim, United Spirits, Granules, Container Corp, Voltas, Cipla, Zydus Life, Bharti Airtel, ICICI Bank, Cummins India, Dr Reddys, Coforge, Maruti and Indian Hotels.
Among the Sensex stocks, M&M, Bajaj Finserv, Maruti, ICICI Bank, and SBI opened in the red, while Power Grid, Kotak Bank, Asian Paints, JSW Steel, and HDFC Bank opened in the green.
Similar incident happened with me back in 2015 with my Alto k10. Small rattle sound was coming intermittently. Went to Maruti Service Station. They said to me to even change the front axle portion!
Aamar Deo Singh of Angel One says investors need to be cautious with fresh investments due to unappealing risk-reward ratio in many stocks. Nifty and Bank Nifty are consolidating, while India VIX levels remain stable. With the results season over, all eyes are on the US FOMC meeting minutes, slated to be released later this week. Top gainers include MRPL, Natco Pharma, and Aegis Logistics.