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Vibhu Jain

12th Mar · SEBI-Registered Analyst

MARUTI

Maruti Suzuki’s share price on 12 March 2026 demonstrated clear intraday weakness, touching a low of ₹12,991.75 and closing with a 3.56% loss. The stock’s position below all major moving averages and the mixed but predominantly bearish technical indicators suggest ongoing downward pressure. This is compounded by a challenging market backdrop, with the Sensex and multiple sectoral indices experiencing declines and negative momentum. The stock’s recent performance, including a 6.11% loss over two days and underperformance relative to the Sensex across one day, one week, one month, and three months, highlights the immediate pressures facing the share price. While longer-term returns remain positive, the current environment is marked by subdued sentiment and technical caution.

#TechnicalViews
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