Markets Reverse as Profit Booking Hits | UltraTech, Maruti End in Green Despite Drop

The Indian stock market opened the day on a steady note but faced selling pressure as the session progressed. The Sensex closed down by 500+ points, reflecting broad-based profit booking across sectors, even as a few large-cap counters offered support.

Tata Steel Jumps 3.7% Amid Sectoral Resilience

Tata Steel Ltd led the gainers on the Sensex, rallying 3.72% to close at ₹165.90. The momentum came from increased demand expectations and firm global metal cues.

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  • Market Cap: ₹2,07,100 Cr | P/E Ratio: 14.83
  • 52-week range: ₹122.60 – ₹178.15
  • Sector: Iron & Steel

Asian Paints Increase by More Than 2%

Asian Paints Ltd. ended the day at ₹2,419.85, up 2.15%. Consistent earnings visibility and a penchant for the defensive sector helped draw inflows to the paint major.

  • Market Cap: ₹2,32,111 Cr | P/E Ratio: 64.51
  • 52-week range: ₹2,125 – ₹3,394
  • Sector: Paints

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UltraTech Cement Sets a Record High, Up 1.9%

UltraTech Cement Ltd advanced 1.91% to close at ₹12,437.80, hitting a fresh 52-week high. Buying was supported by expected infrastructure push and volume recovery in the sector.

  • Market Cap: ₹3,66,516 Cr | P/E Ratio: 55.35
  • 52-week range: ₹10,053 – ₹12,532.15
  • Sector: Cement & Cement Products

Maruti Suzuki Adds 1.4% on Volume Optimism

Automobile major Maruti Suzuki Ltd ended higher by 1.46%, closing at ₹12,624.55. Investor interest was driven by sustained growth in domestic sales and upcoming SUV launches.

  • Market Cap: ₹3,96,919 Cr | P/E Ratio: 28.44
  • 52-week range: ₹10,725 – ₹13,675
  • Sector: Passenger Cars & Utility Vehicles

Despite weakness in broader indices, pockets of strength were visible in cyclical and consumption-heavy sectors. However, the sentiment remains cautious ahead of key macroeconomic data releases and global monetary signals.

Disclaimer: The information provided is for educational purposes only and does not constitute financial advice. We are not registered financial advisors. Please conduct your own research and consult a qualified advisor before making investment decisions. Any investment decisions you make based on this information are solely at your own risk.

Also read: JSW Energy Subsidiary Signs 12-Year BESS Agreement with RVUNL at ₹2.24 Lakh/MW Monthly
Published on: July 2, 2025 / M Vishnu

New Red Cross Committee Formed in Kodagu

Madikeri: A.K. Ravindra Rai has been elected as the Vice President of the Indian Red Cross Society, Kodagu District Branch. M. Dhananjaya is appointed as Secretary, with Prathap Gowda as Joint Secretary and K. Madhura as Executive Member.

The newly elected directors include Dr. Shivanna, Dr. C.L. Prasad, R. Muralidhar, B.R. Rajesh, K.M. Chandrashekar, Vikas Prathap, S.S. Satish, Joyson Francis, and A.K. Subrahmanya.

Key contributors and attendees include B.S. Dhananjaya, Thimmayya Kumar, Thimmayya, K.L. Shankar, K.V. Manjunath, K.M. Jagannath, Venkatesh, Thennira Myna, Bhaskar Chengappa, Dharmendra, Rajendra, and Srinivas.


यः करोत्यः संकल्पः संकल्पः संकल्पः।
The one who is unattached to the external world and who is free from desires is truly a yogi.

📆 3rd, July Celebrated as American Redneck Day

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