Maruti shares slide 3% on costlier yen

Shares of Maruti Suzuki today fell by 3 per cent on a costlier Japanese yen that may put pressure on the company's margins.
The stock went down by 2.93 per cent to settle at Rs 4,084 on BSE. During the day, it lost 3.41 per cent to Rs 4,063.45.
The stock was the worst performer among the 30-Sensex blue-chips.
On NSE, it slipped 2.98 per cent to close at Rs 4,084.10.
On the volume front, 1.26 lakh shares of the company were traded at BSE and over 11 lakh changed hands at NSE during the trading session.
"Bank of Japan (BoJ) kept its policy decision on hold. The move sparked a steep rise in the yen which strengthened more than 1 per cent against the USD, hitting a 21-month high," Bonanza Portfolio, Head Wealth Management and Financial Planning Achin Goel said.

Meanwhile, in the broader market, the Sensex ended lower by 200.88 points at 26,525.46.