Other major laggards were IndusInd Bank, SBI, Bharti Airtel, ONGC, Tata Steel and Reliance Industries -- falling as much as 6.30 per cent.
Among major gainers, Vedanta rose the most by 6.55 per cent, snapping its five-day losing streak.
Marazzo, The Innova Crysta competitor
Among major Sensex movers, Ultratech Cement rose over 4 per cent, Bajaj Finance by 2.63 per cent and Maruti by 2 per cent. BSE Sensex closed up by 133.14 points at a record high of 47,746.22. NSE Nifty rose by 49.35 points at its lifetime high of 13,981.95.
Kotak Bank was top loser among Sensex stocks, dropping by 3.28 per cent. HDFC Bank declined by 1.86 per cent, HDFC by 1.28 per cent and ICICI Bank by 0.99 per cent. SBI fell 0.5 per cent while Bajaj Finance by 0.72 per cent. Larsen & Toubro dropped 0.16 per cent.
Nestle India was the top loser in the Sensex pack, shedding 2.20 per cent, on its first day as part of the index.
US auto major Ford Motor Co on Friday said it and India's Mahindra & Mahindra have decided to scrap their previously announced automotive joint venture and it will continue its independent operations in India as it is. The two companies determined that they will not complete a previously announced automotive joint venture between their respective companies. The decision follows the passing of the December 31, 2020 'longstop' or expiration date of a definitive agreement the organisations entered into in October 2019, Ford Motor Company said in a statement.
A car that gives you a better resale value will reduce the cost of your next purchase, points out Bindisha Sarang.
M&M was the top gainer in the Sensex pack, soaring around 7 per cent, followed by Bajaj Finserv, Bharti Airtel, PowerGrid, Infosys and ICICI Bank. On the other hand, HUL, Kotak Bank, Bajaj Finance and ITC were among the laggards.
A new XUV, a new logo, and a big bang at the launch! Mahindra revealed its keenly-awaited XUV700 in Chennai on Saturday.
One in five stocks from the BSE-500 index has underperformed the market and recorded losses.
The 2-door vehicle may finds its way back in India with the launch of the all-new Thar by Mahindra and Mahindra, says Rajesh Karkera.
Discover why PM did his entire election rallies in the desi SUV.
Top gainers in the Sensex pack included Sun Pharma, TechM, Axis Bank, L&T, Reliance Industries and ICICI Bank, which rose up to 2.66 per cent.
A new user-friendly app to control the beast. Automatic transmission with petrol engine. Electronic sunroof. Plus, of course, the safety elements. Rajesh Karkera/Rediff.com on what makes the new XUV300 special.
The company management gave into the Union's demand of reinstatement of the suspended workers after the intervention of Shiv Sena president Uddhav Thackeray, who had a meeting with a senior Mahindra Group official on Saturday, a Union leader said on Monday.
The new Mahindra Verito will face stiff competition from Maruti Swift Dzire and Toyota Etios.
When Anand Mahindra becomes non-executive chairman in November, Shah will become the first professional MD and CEO in the history of the Mahindra group to have a complete oversight of and responsibility for the Mahindra group businesses.
India's largest selling sports utility vehicle is going strong even in its 10th year, but M&M has already set the ball rolling for a complete makeover
Anand Mahindra, managing director of Mahindra and Mahindra, his wife Anuradha Mahindra (centre) and French actress Mylne Jampano at the Mahindra Film Festival press conference in New York on Tuesday.
Veteran industrialist Ratan Tata, who headed Tata group whose iconic hotel in Mumbai was one of the sites of the 26/11 terror attacks, on Thursday penned a heartfelt tribute saying the wanton destruction that took place 12 years ago will never be forgotten.
The market shares has already tumbled to 48 per cent from the earlier 56 per cent.
The car is built in a manner that stands tall and rugged on the city streets, without ever being uncomfortable, says Pavan Lall.
A sharp decline in crude and strengthening of the rupee added to the buoyancy.
A record net inflow in Indian equities in the financial year ending March 2013 helped foreign investors widen their grip.
The plant produces 1,100 engines per day in three shifts for Mahindra's vehicles such as XUV 500, Bolero, Xylo, Genio and Maxximo.
Aston Martin plans to invest $1 billion in new products and technology after Italian private equity fund Investindustrial agreed to buy a minority stake in the British luxury carmaker.
As competition heats up in the multi-utility vehicle (MUV) segment, the country's leading utility vehicles player Mahindra and Mahindra (M&M) plans a flexible manufacturing line for its latest launch the compact SUV Quanto to capture market share.
The Sensex rally was driven by Tata Motors, Vedanta, Bharti Airtel, Maruti, Reliance Industries, Tata Steel, Larsen and Toubro and HCL Tech.
Rajesh Jejurikar had quit M&M to join Zee Entertainment Enterprise.
Utility vehicles maker, Mahindra and Mahindra (M&M), is considering reinstating the entire staff laid off by South Korean sports utility vehicle (SUV) manufacturer Ssangyong Motor Co in the next two to three years, according to M&M president (automotive and farm equipment sectors) Pawan Goenka.
Last year, Tech Mahindra and Mahindra Satyam announced their intention to merge aming to create a $2.4 billion entity.
CLSA expects annual net inflows of $15 billion from domestic investors over the next few years in India.
There is the range of new launches during this year's festive season.
After years of steady patronage, corporate India is showing signs of cricket fatigue and the country's maiden Formula One race next month looks like being the immediate beneficiary.
Besides financials, shares of telecom, IT, auto and pharma were in demand.
The outlook on Mahindra and Mahindra (M&M) has been changing since its tractor business hit a speed-breaker. Analysts say there are no real triggers for its shares to move up in the near term.
On Tuesday, one of the longest serving chairmen of India Inc decided to step down from his post, which he held for 49 years.
India and China together account for 32 of the 50 companies in Forbes' sixth annual 'Asia's Fabulous 50 listed companies'.
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