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Maruti Suzuki Showrroms in Mumbai
The Sai Service Group is the largest selling Maruti Suzuki dealership in India and has a presence in Pune, Kolhapur, Mumbai, Goa, Telengana and Kerala. The Sai Service Group started its journey in 1985 and has completed 34 years in the market till now. We are also dealers for Bajaj Auto & KTM in Mumbai and Pune . The Group aims to be a one-stop customer solution right from car buying and after sales to service, repair, maintenance, insurance and more.
We know your car is not just an investment option for your convenience. We know that it is no less than a family member and something that you absolutely adore! Also, we are aware that the whole process of car buying and then maintenance and service are things that are mostly complicated and take up time and energy on your part. At Maruti Suzuki Showrroms in Mumbai, we take pride in making your buying and ownership experiences absolutely smooth and hassle free. We strongly believe in our motto- It?s the After Sales that Count. We offer the best used cars across multiple segments along with high quality genuine Maruti Suzuki components and spare parts. We also offer cutting edge repair and service facilities and insurance renewal assistance. We have some of the most skilled and experienced sales executives, technicians and service advisors to cater to all your needs. At Sai Service, we will always strive to bring more smiles on the faces of our customers!
Maruti Suzuki started its NEXA retail channel for selling premium models in their respective categories in India. The NEXA dealership chain offers some of the most exciting cars available in the country along with unparalleled customer and visitor experiences. Maruti Suzuki has witnessed huge success courtesy its NEXA lineup. The S-Cross premium crossover was the first product to be included in the NEXA vehicle range and is an up market, luxurious and attractively designed crossover which offers good interior space and decent performance. The Ciaz midsized sedan is one of the highest selling models in its segment and comes with oodles of space, the latest features and technology and excellent fuel economy at the same time. There is also the Ciaz S which is a sportier and more exhilarating version of the sedan and this has also found favor with contemporary buyers.
The NEXA range also includes the Ignis which is a one of a kind premium hatchback cum crossover. The Ignis stands out for its lineup of new age features, distinctive design and attractive pricing. It is one of the most unique Maruti Suzuki models to have been launched in recent years. The Baleno, of course, is one of the country’s favourite premium hatchbacks and offers the very best features, an eye-catching design, impeccable performance and good safety features. The Baleno ticks all the boxes as far as a luxury hatchback is concerned and to cater to performance enthusiasts, there is the Baleno RS which offers added punch, power and performance. The Maruti Suzuki NEXA lineup comprises of some of the most exclusive models from India’s largest carmaker.
Maruti Suzuki India is the largest carmaker in the country by way of sales volumes and sells several popular models across its dealerships. These include the Alto 800 which is probably the largest selling car in the country, offering immense affordability, low price points and decent features. The Alto K10 is the power packed version of the Alto which also finds many takers in the hatchback segment. Along with these two high volume sellers, there is also the WagonR 1.0 which is also one of the highest selling cars in India. The WagonR offers a high seating position, ample legroom and good features.
The Omni van is sold as a perfect people and goods carrier along with the Eeco while the Gypsy makes for a rugged, iconic and powerful off-roading SUV. The Celerio is a popular hatchback which was the first in the segment to get an automatic option and is priced competitively as well. The Swift is also one of the highest selling Maruti Suzuki hatchbacks and comes packed with features and ample interior space. The Dzire has been rebranded into a premium sub-4m sedan with loads of features and enticing exterior styling. The Ertiga is one of the most popular MPVs, offering ample cabin space and good ground clearance. Maruti Suzuki has also unearthed a winner in the form of the Vitara Brezza which is one of the highest selling compact SUVs and has won over customers with its attractive design, features and performance. Maruti Suzuki sells all these hot selling models at its regular outlets in India.
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Luxury Within Reach: Exploring The Higher-End Maruti Car Price In India
As The Luxury Car Market In India Evolves, More And More Enthusiasts Are Turning Their Sights Towards High-End Vehicles That Blend Elegance With Performance. None Other Than Maruti Suzuki, A Brand That Is Associated With Dependability And Value, Is Redefining The Meaning Of Luxury In This Vibrant Environment. If You're Keen On Exploring The Maruti Car Price In India, Especially In The Premium Segment, You're In For A Pleasant Surprise.
Maruti Suzuki has meticulously crafted a line-up of premium vehicles that not only embody sophistication and advanced technology but are also accessible, ensuring that luxury is not just a privilege but a choice available to many. For potential buyers, this redefinition of luxury by Maruti Suzuki offers a compelling value proposition. It's all about experiencing grandeur and comfort, with the Maruti Car Price in India being a testament to luxury that is within reach.
As you consider your next high-end vehicle purchase, think about how Maruti Suzuki aligns with your desires for luxury that doesn't stretch your budget. Let's delve deeper into what makes Maruti Suzuki stand out in the realm of premium vehicles and why it should be your choice in the search for an upscale yet affordable car experience.
The Appeal of Maruti’s High-End Segment
Growing Demand for Luxury on Wheels
The desire for luxury cars in India isn't just about owning a vehicle; it's about the experience and status that come with it. Just as you might choose a high-end smartphone for its superior features and brand value, an increasing number of car buyers are looking for vehicles that offer more than just transportation. They seek comfort, technology, and a design that turns heads. Maruti Suzuki has tapped into this shift by expanding its portfolio to include high-end models that cater to this evolving taste.
Luxury Made Affordable
When considering the Maruti Car Price in India, one of the most compelling aspects is how Maruti Suzuki has made luxury accessible. Think of it like opting for a premium membership at a standard price—where you get exclusive benefits without the hefty tag. By strategically pricing their high-end models, Maruti Suzuki allows you to enjoy the plush interiors, advanced safety features, and sophisticated technology of luxury cars without stretching your budget.
Competitive Pricing: When you explore the Maruti Car Price in India, you’ll find that these premium models are priced to compete not just within the luxury segment but against mid-range cars as well, making them an excellent choice for those looking to upgrade without financial strain.
Value for Money: Maruti’s approach ensures that when you invest in a high-end model, you're not just paying for a brand name but for a wealth of features that enhance your driving experience. This value proposition is akin to choosing an all-inclusive vacation package—you get more benefits for what you spend.
Exploring Maruti's Premium Range
A Closer Look at Maruti Suzuki’s Luxury Models
Maruti Suzuki’s entry into the luxury car market reflects a blend of elegance, advanced technology, and exceptional comfort, much like opting for a high-end home appliance that promises not just functionality but an enhanced lifestyle. Let’s delve into some of the top models that define luxury at Maruti Suzuki, focusing on what makes them stand out in the crowded vehicle market.
Ciaz
Specifications: Powered by a 1.5-liter Smart Hybrid petrol engine.
Luxury Features: Premium leather interiors, automatic climate control, and Maruti Suzuki's SmartPlay Infotainment system.
Maruti Car Price in India: Starts at approximately INR 8.42 lakhs, offering a luxury sedan experience at a fraction of the cost of other luxury brands.
S-Cross
Specifications: Equipped with a powerful 1.5-liter K15 petrol engine.
Luxury Features: All-Grip technology for enhanced stability, leatherette upholstery, and a sophisticated infotainment system.
Maruti Car Price in India: Priced from around INR 8.95 lakhs, it competes with higher-priced crossovers while offering superior value and comfort.
XL6
Specifications: features a 1.5-liter K15B Smart Hybrid petrol engine.
Luxury Features: Exclusive six-seater layout with captain seats, premium stone finish and silver accents on the interior.
Maruti Car Price in India: With a starting price of INR 9.85 lakhs, the XL6 makes family travel luxurious and affordable.
Statistical Insight: According to recent market research, Maruti Suzuki’s premium models have seen a growth in sales by 20% in the past year, demonstrating their popularity and acceptance among consumers looking for affordable luxury.
Value Comparison
When you look at the Maruti car price in India, especially for these premium models, the value proposition becomes clear. Comparable models from other luxury car brands could cost nearly twice as much for similar features. Maruti Suzuki's strategy is akin to choosing a top-tier smartphone model from a mid-range brand— you get all the high-end features without the premium brand markup.
Understanding Maruti’s Luxury Pricing
Factors Influencing the Maruti Car Price in India
When you consider investing in a high-end Maruti Suzuki model, think of it as choosing a premium smartphone or high-quality appliance. You're not just paying for the basic functionality but for a combination of advanced technology, superior comfort, sleek design, and the brand value that comes with it. Here’s how these factors play into the Maruti Car Price in India:
Advanced Technology: Like opting for a smart home system that automates your living space for convenience and efficiency, Maruti’s high-end cars feature the latest in automotive technology—think hybrid engines and state-of-the-art infotainment systems that promise not only enhanced driving pleasure but also increased fuel efficiency and safety.
Superior Comfort: Purchasing a luxury Maruti model is akin to buying a high-end mattress. You’re paying for the comfort you experience every day. This includes plush upholstery, expansive legroom, and climate control systems that make every journey relaxing.
Sleek Design: Just as you might choose a designer suit or luxury watch for its aesthetic appeal, Maruti’s luxury segment offers vehicles with eye-catching designs and finishes that stand out in a crowd.
Brand Value: Maruti Suzuki is synonymous with reliability and value for money. When you buy a high-end model from Maruti, you are also investing in the brand's reputation for quality and customer satisfaction.
Pricing Compared to Competitors
Competitive Edge:
Let’s compare this to dining out. If two restaurants offer dishes of similar quality and ambiance, but one is significantly more affordable, the choice is clear. Similarly, the Maruti Car Price in India is strategically set to ensure that you get the luxury of a premium car without the hefty price tag often seen with other luxury brands. For instance, while competitors might offer a sedan with similar features at a price point starting from INR 15 lakhs, Maruti Suzuki manages to offer its equivalent, the Ciaz, starting just around INR 8.42 lakhs.
This strategic pricing ensures that Maruti Suzuki not only meets the luxury needs of its customers but does so in a way that provides unmatched value, making high-end amenities accessible to a broader audience.
Financing Options for Your Maruti Luxury Car
Making Luxury Accessible
When considering the purchase of a high-end car, think of it like buying your dream home. Just as you would explore various mortgage options to make the investment more manageable, Maruti Suzuki offers flexible financing solutions that make owning a luxury car a reality for many. Here’s how we help you navigate the Maruti Car Price in India with ease and confidence:
Diverse Financing Schemes
Partnering with Top Financial Institutions: Imagine having a personal financial advisor who helps you find the best investment options. Similarly, Maruti Suzuki collaborates with leading banks and financial institutions to bring you competitive car loan offers with attractive interest rates. This partnership ensures that you can choose a financing plan that suits your budget and financial goals.
Flexible EMI Options: Just like choosing a cell phone plan that allows you to pay monthly without straining your budget, our EMI (Equated Monthly Installment) options are designed to fit your financial situation. Whether you're looking to extend your loan period for lower monthly payments or increase your down payment to reduce interest charges, we have a solution for you.
Easy Loan Approval Process
Streamlined Procedures: Getting a car loan for a Maruti Suzuki luxury car is as easy as signing up for an online course. Our simplified application process and minimal documentation requirements mean that you can get quick loan approval, so you can drive away in your new car sooner than you might think.
Exclusive Offers
Seasonal and Promotional Discounts: Think of it as holiday shopping when brands offer special discounts. Throughout the year, Maruti Suzuki introduces various promotional offers that can significantly reduce the Maruti Car Price in India. These may include lower interest rates, cashback offers, or additional services at no extra cost, making it the perfect time to purchase your luxury Maruti car.
Conclusion: Your Gateway to Accessible Luxury
As we’ve explored today, choosing a luxury car from Maruti Suzuki means more than just purchasing a vehicle; it's about embracing a lifestyle that combines elegance, comfort, and cutting-edge technology at a competitive Maruti Car Price in India. Imagine driving a car that not only turns heads with its design but also offers a sanctuary of peace with its plush interiors and state-of-the-art amenities, all within a price range that is surprisingly affordable.
Take the Next Step Towards Luxury
Why just read about it when you can experience it? We invite you to visit your nearest Maruti Suzuki premium dealership and see for yourself what makes our luxury cars so special. Our team is excited to walk you through our lineup, explain the various features, and discuss financing options that can help make your dream car a reality.
Book Your Test Drive Today
Don’t wait to experience luxury within reach. Call us now or visit our website to schedule a test drive or consultation. Feel the power, comfort, and sophistication of our luxury cars as you take the wheel and decide for yourself. Let us help you find the perfect Maruti car that fits not just your budget but also your desire for a higher standard of driving.
FAQ’s
What are some of the luxury models offered by Maruti Suzuki in India?
Maruti Suzuki offers several high-end models that blend luxury with affordability, including the Maruti Suzuki Ciaz, S-Cross, and XL6. Each model comes equipped with premium features designed to enhance comfort and the driving experience.
How does the Maruti car price in India compare to other luxury car brands?
Maruti Suzuki's luxury models are priced competitively, offering many of the same features as higher-priced brands but at a more accessible price point. This makes Maruti Suzuki an excellent option for those looking to enter the luxury car market without the hefty investment typically associated with it.
What financing options are available for Maruti Suzuki's luxury models?
Maruti Suzuki partners with leading banks and financial institutions to offer a variety of financing options, including attractive EMI plans and special loan offers. This makes it easier for customers to purchase their preferred luxury model without financial strain.
Can I test drive a Maruti Suzuki luxury car before making a purchase?
Yes, customers are encouraged to book a test drive at their nearest Maruti Suzuki dealership. This allows you to experience the features and performance of our luxury models firsthand, ensuring you make an informed decision.
What kind of after-sales services does Maruti Suzuki offer for its luxury car segment?
Maruti Suzuki provides comprehensive after-sales service for all its vehicles, including luxury models. This includes regular maintenance, parts replacement, and servicing by certified technicians, ensuring your vehicle remains in excellent condition..
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Maruti Suzuki 2020 S-Cross पेट्रोल इंजन के साथ लॉन्च, Creta और Seltos से सस्ती, जानें कीमत और फीचर्स
Maruti Suzuki 2020 S-Cross पेट्रोल इंजन के साथ लॉन्च, Creta और Seltos से सस्ती, जानें कीमत और फीचर्स
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Maruti Suzuki India (मारुति सुजुकी इंडिया) ने S-Cross (एस-क्रॉस) एसयूवी का बहुप्रतीक्षित बीएस6 मानकों वाला पेट्रोल वर्जन लॉन्च कर दिया है। मारुति ने इस कार को पहली बार 2020 ऑटो एक्सपो में आधिकारिक तौर पर प्रदर्शित ��िया गया था। कंपनी की पहले की योजनाओं के…
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दिखी झलक! लॉन्च से पहले 2022 Maruti Suzuki S-Cross के लुक और फीचर्स समेत फोटो देखें
दिखी झलक! लॉन्च से पहले 2022 Maruti Suzuki S-Cross के लुक और फीचर्स समेत फोटो देखें
हाइलाइट्स जल्द भारत में लॉन्च होगी नई सुजुकी एस-क्रॉस बेहतर लुक और पावरफुल फीचर्स से होगी लैस अगले साल कई खास एसयूवी भारत में होगी लॉन्च नई दिल्ली।Maruti Suzuki New SUV 2022 Suzuki S-Cross Launch Price Features: भारत में अगले साल मारुति सुजुकी की प्रीमियम मिड साइड एसयूवी (Mid Size SUV) मारुति सुजुकी एस-क्रॉस (Maruti Suzuki S-Cross) नए अवतार में सामने आ रही है। जी हां, जल्द ही नेक्स्ट जेनरेशन…
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#2022 maruti suzuki s cross#2022 maruti suzuki s cross full features#2022 maruti suzuki s cross price in india#Car Bikes Headlines#Car Bikes News#Car Bikes News in Hindi#Latest Car Bikes News#maruti suzuki new suv launch price features#maruti upcoming car launch india#new maruti suzuki scross image look design#upcoming suv launch india#अपकमिंग कार एसयूवी लॉन्च इंडिया#कार/बाइक Samachar#नई सुजुकी एसक्रॉस लॉन्च प्राइस फीचर्स#मारुति सुजुकी की नई कार लॉन्च इंडिया
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A perfect blend of sophistication and power, the NEXA S-Cross is here to take you on a thrilling adventure. With striking looks, luxurious interiors, innovative features, and a powerful engine, this refined SUV ensures an exceptional driving experience. Here is what the NEXA S-Cross has to offer.
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मारुति सुजुकी एस-क्रॉस पेट्रोल BS6 इंडिया लॉन्च डेट आउट - कारैंडबाइक
मारुति सुजुकी एस-क्रॉस पेट्रोल BS6 इंडिया लॉन्च डेट आउट – कारैंडबाइक
आगामी BS6 Maruti Suzuki S-Cross Ciaz-sourced 1.5-लीटर माइल्ड हाइब्रिड पेट्रोल इंजन द्वारा संचालित होगी। कुछ चुने हुए डीलर रुपये की टोकन राशि के साथ बुकिंग ले रहे हैं। 11,000।
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मारुति सुजुकी एस-क्रॉस पेट्रोल BS6 को भारत में 5 अगस्त 2020 को लॉन्च किया जाएगा
मारुति सुजुकी अगले महीने तक बहुप्रतीक्षित एस-क्रॉस पेट्रोल…
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#auto news#maruti#Maruti Suzuki#maruti suzuki india#Maruti Suzuki S-Cross#Maruti Suzuki S-Cross BS6#maruti suzuki s-cross petrol#maruti suzuki s-cross petrol launch#maruti suzuki s-cross prices#news
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Top feature highlights of Maruti Suzuki Grand Vitara 2022 that Creta, Seltos don't have - Times of India
Top feature highlights of Maruti Suzuki Grand Vitara 2022 that Creta, Seltos don’t have – Times of India
Maruti Suzuki has finally unveiled its much-anticipated mid-size SUV, the Grand Vitara 2022 in the Indian market. The brand has already commenced the bookings of the new Grand Vitara at an initial price of Rs 11,000. Likely to replace the S-Cross in the manufacturer’s line-up, the Maruti Suzuki Grand Vitara will compete with the likes of Hyundai Creta and Kia Seltos. Here are the top feature…
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Maruti Suzuki hikes vehicle prices by up to 1.9% amid rising input costs
The country's largest carmaker Maruti Suzuki India (MSI) on Monday said it has increased prices of its entire model range, between 0.9 per cent to 1.9 per cent, with immediate effect.
The company, which currently sells a range of vehicles from Alto to S-Cross, said it has taken the decision to hike prices due to an increase in input costs.
The weighted average price rise, with effect from April 18, in ex-showroom prices (New Delhi) across models is 1.3 per cent, it added.
MSI has already hiked vehicle prices by around 8.8 per cent from January 2021 to March 2022, owing to constant increase in input costs.
Over the past year, the cost of the company's vehicles continues to be adversely impacted due to increase in various input costs, the auto major had stated in regulatory filing earlier this month.
With prices of various essential commodities like steel, copper, aluminium and precious metals going up, automakers have been hiking prices on a regular basis to offset the impact.
Last week Mahindra & Mahindra hiked vehicle prices by 2.5 per cent, entailing an increase of up to Rs 63,000.
Similarly, Toyota Kirloskar Motor has increased prices of its entire model range by up to 4 per cent from April 1.
Luxury carmakers Audi, Mercedes-Benz and BMW have also announced price hikes recently.
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Maruti Suzuki Showrooms in Mumbai
The Sai Service Group is the largest selling Maruti Suzuki dealership in India and has a presence in Pune, Kolhapur, Mumbai, Goa, Telengana and Kerala. The Sai Service Group started its journey in 1985 and has completed 34 years in the market till now. We are also dealers for Bajaj Auto & KTM in Mumbai and Pune . The Group aims to be a one-stop customer solution right from car buying and after sales to service, repair, maintenance, insurance and more.
We know your car is not just an investment option for your convenience. We know that it is no less than a family member and something that you absolutely adore! Also, we are aware that the whole process of car buying and then maintenance and service are things that are mostly complicated and take up time and energy on your part. At Maruti Suzuki Showrroms in Mumbai, we take pride in making your buying and ownership experiences absolutely smooth and hassle free. We strongly believe in our motto- It?s the After Sales that Count. We offer the best used cars across multiple segments along with high quality genuine Maruti Suzuki components and spare parts. We also offer cutting edge repair and service facilities and insurance renewal assistance. We have some of the most skilled and experienced sales executives, technicians and service advisors to cater to all your needs. At Sai Service, we will always strive to bring more smiles on the faces of our customers!
Maruti Suzuki started its NEXA retail channel for selling premium models in their respective categories in India. The NEXA dealership chain offers some of the most exciting cars available in the country along with unparalleled customer and visitor experiences. Maruti Suzuki has witnessed huge success courtesy its NEXA lineup. The S-Cross premium crossover was the first product to be included in the NEXA vehicle range and is an up market, luxurious and attractively designed crossover which offers good interior space and decent performance. The Ciaz midsized sedan is one of the highest selling models in its segment and comes with oodles of space, the latest features and technology and excellent fuel economy at the same time. There is also the Ciaz S which is a sportier and more exhilarating version of the sedan and this has also found favor with contemporary buyers.
The NEXA range also includes the Ignis which is a one of a kind premium hatchback cum crossover. The Ignis stands out for its lineup of new age features, distinctive design and attractive pricing. It is one of the most unique Maruti Suzuki models to have been launched in recent years. The Baleno, of course, is one of the country’s favourite premium hatchbacks and offers the very best features, an eye-catching design, impeccable performance and good safety features. The Baleno ticks all the boxes as far as a luxury hatchback is concerned and to cater to performance enthusiasts, there is the Baleno RS which offers added punch, power and performance. The Maruti Suzuki NEXA lineup comprises of some of the most exclusive models from India’s largest carmaker.
Maruti Suzuki India is the largest carmaker in the country by way of sales volumes and sells several popular models across its dealerships. These include the Alto 800 which is probably the largest selling car in the country, offering immense affordability, low price points and decent features. The Alto K10 is the power packed version of the Alto which also finds many takers in the hatchback segment. Along with these two high volume sellers, there is also the WagonR 1.0 which is also one of the highest selling cars in India. The WagonR offers a high seating position, ample legroom and good features.
The Omni van is sold as a perfect people and goods carrier along with the Eeco while the Gypsy makes for a rugged, iconic and powerful off-roading SUV. The Celerio is a popular hatchback which was the first in the segment to get an automatic option and is priced competitively as well. The Swift is also one of the highest selling Maruti Suzuki hatchbacks and comes packed with features and ample interior space. The Dzire has been rebranded into a premium sub-4m sedan with loads of features and enticing exterior styling. The Ertiga is one of the most popular MPVs, offering ample cabin space and good ground clearance. Maruti Suzuki has also unearthed a winner in the form of the Vitara Brezza which is one of the highest selling compact SUVs and has won over customers with its attractive design, features and performance. Maruti Suzuki sells all these hot selling models at its regular outlets in India.
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Understanding Maruti Car Price In Bangalore: A Comprehensive Guide
Are you among the savvy Bangaloreans on the hunt for the perfect set of wheels from the renowned Maruti Suzuki stable? Are you eager to unravel the mysteries of the Maruti car price in Bangalore? Look no further, for you've just embarked on a journey that promises not just the numbers but also the keys to making an informed, wallet-friendly decision.
In the Silicon Valley of India, where innovation thrives and life moves at a fast pace, your choice of a Maruti car should be as swift as the breeze atop Nandi Hills.
At Mandovi Motors Private Limited, the pioneers of Maruti Suzuki in Karnataka, we understand the significance of finding the right vehicle at the right price.
In this comprehensive guide, we'll delve into the intricate web of Maruti car price in Bangalore, ensuring that you head on this adventure well-equipped and informed.
Discover the secrets of the base model, top model, RTO charges, and more. Join us on a ride that not only reveals the "what" but also the "why" of the Maruti car price in Bangalore. Welcome to your roadmap to the Maruti Suzuki of your dreams!
Maruti Car Models in Bangalore - Mandovi Motors
When it comes to the world of Maruti Suzuki, Mandovi Motors is the pioneer that brings you a delightful array of car models. Whether you're on the lookout for a compact hatchback to zip through the bustling Bangalore streets or a spacious SUV to conquer weekend getaways, we've got you covered.
Maruti Cars at Mandovi Motors: Arena and Nexa
At Mandovi Motors, we offer an impressive lineup of Maruti cars across the Arena and Nexa categories. Here's a glimpse of what you can find:
Category
Model
Description
Arena
Hatchback
Alto K10
The city's favourite, designed for easy mobility
S-Presso
Quirky and compact, perfect for the urban explorer
Celerio
A balance of style and efficiency.
Wagon R
Spacious and practical.
Swift
Swift by name and swift by nature, a true icon
Sedan
Dzire
A compact sedan with style and comfort
SUV and MUV
Brezza
The trendy compact SUV
Ertiga
A family favourite MUV.
Vans
Eeco
A versatile van for various needs.
Nexa
Hatchback
Baleno
A premium hatchback with style
Ignis
Bold and distinctive, a perfect city car
S-Cross
An urban adventurer.
Sedan
Ciaz
Elegance, space, and power are combined.
SUV and MUV
XL6
Spacious, stylish, and feature-packed.
Grand Vitara
A true SUV legend
Jimny
Compact and ready for off-roading adventures.
Invicto
Where luxury meets capability,
Understanding Maruti Car Prices in Bangalore - Finding the Best at Mandovi Motors
When delving into the realm of Maruti car price in Bangalore, the quest for a great deal often takes centre stage.
At Mandovi Motors, we understand the importance of not just providing cars but also ensuring that you get the best Maruti car price in Bangalore. Here's what makes us stand out:
In the bustling landscape of Bangalore, your choice of a Maruti car can be as dynamic as the city itself. However, it's essential to remember that the final price of your chosen model isn't set in stone. It can vary based on several key factors, and this is where Mandovi Motors excels:
Variant Selection: Different variants offer varying levels of features, from basic to top-of-the-line luxury. Consequently, the price points can differ to suit your preferences and budget.
Optional Features: Maruti cars come with the flexibility to customise your vehicle with various add-on features and accessories. Mandovi Motors assists you in tailoring your car according to your specific needs, all while keeping your budget in mind.
Promotions and Offers: At Mandovi Motors, we continuously roll out special promotions, discounts, and attractive financing options. This approach is not just about selling cars but ensuring that you can make your purchase in the most budget-friendly way possible.
With Mandovi Motors, finding the best Maruti car price in Bangalore is not just a possibility, but a guarantee. Our commitment to providing our customers with competitive prices is matched only by our dedication to quality and service.
With Mandovi Motors, you embark on a journey that not only respects your budget but also caters to your aspirations.
As you explore the wide range of Maruti models at Mandovi Motors, you can rest assured that you're not just getting the keys to a car but also unlocking a world of affordability and excellence.
Visit Mandovi Motors, where finding the best Maruti car price in Bangalore is not just a promise; it's our way of life. Come, explore, and drive away with the Maruti of your dreams, all at an unbeatable price.
Dealer Influence and Showroom Prices at Mandovi Motors
When it comes to your final Maruti car price in Bangalore, the choice of your dealership plays a pivotal role. Mandovi Motors is more than just a showroom; we are your trusted partner on your journey to owning a Maruti vehicle. The dealership you select can significantly affect your overall costs, and it's worth exploring the options.
While the convenience of proximity to the closest Maruti showroom is undeniable, it's essential to consider the impact on pricing. At Mandovi Motors, we not only offer a wide range of Maruti vehicles but also provide special financing choices, incentives, and promotions that can substantially reduce your final cost.
One crucial initial step on your car-buying journey is to research and understand the offerings of different dealerships. When you step into Mandovi Motors, don't hesitate to engage in a conversation about price. Our team is always open to discussions, and with this approach, you can negotiate a price that aligns with your needs and preferences.
Location-Specific Factors with Mandovi Motors
The actual location of your Maruti automobile purchase is a key factor influencing the Maruti car price in Bangalore. Different regions in Bangalore may have varying road taxes and registration costs, which can impact the total cost of your vehicle. Whether you reside in the city's central business district, the suburbs, or an outlying area, these costs can vary significantly.
Therefore, one of the major contributors to the final price you pay for your vehicle is the location of your purchase.
At Mandovi Motors, we ensure that you are well-informed about the specific RTO fees for the area you choose. This knowledge empowers you to select the location that best fits your budget and may even lead to substantial savings.
Maruti Model and Variant Selection with Mandovi Motors
At Mandovi Motors, we offer an extensive range of Maruti Suzuki Swift models and variants. Your choice in this regard can have a significant impact on the cost. Typically, the base model, which is the most budget-friendly option, is where the starting price is attached.
This entry-level model offers a straightforward and economical path to Swift ownership and is a popular choice for those looking for the Swift experience without breaking the bank. However, if you desire a more sophisticated and feature-rich driving experience, you have the option to explore our higher-end models.
At Mandovi Motors, we not only bring you the Maruti experience but also provide you with the guidance and options to make informed decisions about your purchase.
Mandovi Motors Specific Considerations
When it comes to owning a Maruti car from Mandovi Motors in Bangalore, it's important to keep in mind the various additional costs that can influence your budget. Mandovi Motors not only provides an exceptional range of Maruti vehicles but also offers guidance on managing these expenses effectively.
Insurance Costs:
The cost of insurance can vary based on the Maruti model you choose, your preferred level of coverage, your driving history, and where you reside. Additionally, the safety features of the Maruti model can impact your insurance premium. At Mandovi Motors, we can assist you in navigating the insurance landscape by providing insights and helping you obtain quotes from reputable insurance providers. Our goal is to help you make the most cost-effective and suitable insurance choice.
Maintenance and repair costs:
Ensuring your Maruti car remains in optimal condition requires routine maintenance. The cost of maintenance can differ from one service provider to another. Mandovi Motors not only offers top-notch vehicle servicing but also provides service plans that can lead to significant savings on regular maintenance. By taking these options into account, you can create a more precise budget for Maruti ownership, all while benefiting from the convenience and quality of our service offerings.
Tips for Finding the Best Deals at Mandovi Motors
Research and Comparison Tools:
Utilise Mandovi Motors' online research and comparison tools to understand the range of prices for different Maruti models in various areas of Bangalore.
Make well-informed choices based on this information, aligning with your budget and preferences.
Timing Your Purchase:
Keep an eye on Mandovi Motors' seasonal deals and promotions during special occasions and events.
Take advantage of these opportunities to secure your Maruti vehicle at a more favourable price.
Negotiation Skills:
Don't hesitate to engage in discussions and negotiations with our team at Mandovi Motors.
We are open to tailoring deals to your unique needs and may provide discounts or additional perks to earn your business.
Resale Value Consideration:
Beyond the purchase price, think about the long-term value of your Maruti vehicle.
Mandovi Motors emphasises the quality and durability of Maruti Suzuki cars, which can save you money in the long run.
Keep your vehicle in excellent condition through our service centres and explore additional features that enhance its desirability.
At Mandovi Motors, we are dedicated to not only offering the best deals but also ensuring your entire car-buying experience is seamless and satisfying. Our team is here to assist you at every stage, from research and negotiation to after-purchase services. Your journey to owning a Maruti vehicle begins with us.
Conclusion
As you navigate the intricate world of Maruti car prices in Bangalore, Mandovi Motors stands as your trusted partner in this journey. Our commitment to providing you with not only a wide array of Maruti vehicles but also a wealth of knowledge ensures that you make well-informed choices.
Remember, it's not just about finding a Maruti car; it's about discovering the one that perfectly fits your needs, preferences, and budget. With a focus on location-specific factors, dealership influence, and a wide range of Maruti models, we guide you through the path of car ownership with precision.
Whether you're considering a Maruti Suzuki Swift, a spacious Ertiga, or any other Maruti model, we are here to assist you in finding the best deals, understanding the nuances of pricing, and optimising your car-buying experience.
Your journey to owning a Maruti car in Bangalore begins with Mandovi Motors. Explore our offerings, engage in discussions with our team, and take advantage of our online tools. Your perfect Maruti car is waiting for you, and we are here to help you find it.
Embark on this journey with Mandovi Motors and make your dream Maruti vehicle a reality. Visit us today and experience the best Maruti car price in Bangalore.
FAQ’s
How do Maruti car prices at Mandovi Motors in Bangalore compare to other cities in India?
Maruti car prices at Mandovi Motors in Bangalore may differ from those in other cities due to local taxes, registration costs, and demand variations. It's recommended to check Mandovi Motors' prices in your city for precise comparisons.
Are there any special discounts or promotions available on Maruti cars at Mandovi Motors in Bangalore?
Yes, Mandovi Motors in Bangalore frequently offers special promotions and discounts, particularly during festive seasons and fiscal year-end events. Staying updated on our deals is a smart way to secure a Maruti car at a more advantageous price.
What factors can influence the final price of a Maruti car at Mandovi Motors in Bangalore?
Several factors affect the final price, including your choice of Maruti model and variant, optional features, dealership-specific promotions, location-based costs (like road taxes and registration), and ongoing Mandovi Motors' offers.
Is it advisable to purchase a Maruti car from Mandovi Motors in Bangalore's city centre or the suburbs to save on costs?
The location of your Mandovi Motors' purchase within Bangalore can impact the final price due to variations in road taxes and registration fees. Depending on your preferences and budget, consider these factors when selecting the best location for your Maruti car purchase.
Can you provide insights into Maruti car resale value at Mandovi Motors and how it affects the long-term ownership cost?
Resale value is crucial for long-term cost considerations. Maruti cars offered at Mandovi Motors are known for maintaining their value well when well-maintained. Regular servicing and adding extra features can enhance resale value, making a Maruti car from Mandovi Motors a cost-effective choice in the long run.
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2020 Maruti Suzuki S-Cross BS6 पेट्रोल की लॉन्चिंग डेट कंफर्म, जानें कीमत और फीचर्स, Creta, Seltos से होगा मुकाबला
2020 Maruti Suzuki S-Cross BS6 पेट्रोल की लॉन्चिंग डेट कंफर्म, जानें कीमत और फीचर्स, Creta, Seltos से होगा मुकाबला
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Maruti Suzuki hikes vehicle prices by 1.9%
Maruti Suzuki hikes vehicle prices by 1.9%
The country’s largest carmaker Maruti Suzuki India (MSI) on April 18 said it has increased prices of its entire model range, between 0.9% to 1.9%, with immediate effect. The company, which currently sells a range of vehicles from Alto to S-Cross, said it has taken the decision to hike prices due to an increase in input costs. The weighted average price rise, with effect from April 18, in…
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#Audi#Automobile industry news#BMW#Breaking news#car prices increased#Hisashi Takeuchi#Mahindra & Mahindra#Maruti Suzuki hikes vehicle prices#Maruti Suzuki India#Mercedes-Benz#Toyota Kirloskar Motor
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If you have been on the lookout for a car that is spacious with powerful performance, and a bold presence on the road, the S-Cross makes a strong case for itself.
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Maruti Suzuki to raise vehicle prices in April
India’s largest carmaker Maruti Suzuki announced to the market that it will be hiking vehicle prices in the upcoming month of April. The rise in vehicles costs is mostly to cover up the sharp surge in input costs.
The previous FY has seen an adverse effect on the company’s vehicles’ costs mainly due to an increase in various input costs. The company reported to BSE in a filing that, the company is left with no other option but to forward the price hikes to the customers.
The statement added the company’s plan to raise vehicle prices in April 2022 for various models and line-ups. Maruti Suzuki’s vehicle prices have reached new peaks four times in the past year due to the unprecedented rise in commodity costs. The total hike on its vehicles has been around 8.8%. Latest news....
MSI Executive director Shashank Srivastava commented on the issue saying, prices of input materials like steel, plastic and other rare metals have increased dramatically and the company has been trying to stimulate the demand post-pandemic and this year’s January hike was restricted to a limited range hoping that input prices would remain non-volatile.
He also added that the company did not pass an increase in input costs to buyers in 2019-2020 and the ongoing fiscal.
The January hike this year has seen an increase up to Rs 34,000 for selected models. MSI markets entry-level hatchbacks from Alto to high-end S-Cross priced between Rs 2.99L and Rs 12.39L.
In February, Maruti Suzuki had produced 168,180 vehicles, as against 140,933 units in the year-ago period. This included 165,783 passenger vehicles and 2,397 light commercial utility vehicles.
Maruti Suzuki with an objective to encourage innovation in the mobility space has shortlisted Nable IT, Redbot and Sleave as part of the fourth cohort of the MAIL programme. This initiative of the company is more than just a startup accelerator as it targets to create a suitable environment to nurture, foster and guide early-stage startups.
On Wednesday, Maruti Suzuki closed the day’s trade at Rs 7,740.20, down 21.85 points or 0.28%
Visit the dashboard of Encome.io for the latest news updates and trending stocks
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Huge discounts are available on Maruti cars, from Ignis to Ciaz, buy at low prices
Huge discounts are available on Maruti cars, from Ignis to Ciaz, buy at low prices
India’s most trusted car maker Maruti Suzuki has come up with a variety of offers on new car sales. These offers include features like cash discounts, corporate discounts and exchange bonuses. Maruti Suzuki has priced the Nexa range at Rs. Asked to offer a discount of up to 47,000. These include the Ignis, Ciaz and S-Cross models. Source by [author_name]
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Business News Live: Maruti Suzuki India to recall over 1.81 lakh cars
Business News Live: Maruti Suzuki India to recall over 1.81 lakh cars
3:02 P.M.
U.S. funding tapped for Pacific undersea cable after China rebuffed
The Federated States of Micronesia will tap a U.S. funding facility to construct a Pacific undersea communications cable, after rejecting a Chinese company-led proposal that was deemed a security threat by U.S. officials, Reuters reported.
2:59 P.M.
Geely’s Volvo Cars warns on sales as supply woes dent output
Sweden-based automaker Volvo Car Group warned on Friday that sales volumes in the second half of 2021 could fall year-on-year after it was forced to cut production due to material shortages, Reuters reported.
The carmaker, owned by China’s Geely Holding, said sales fell 10.6% from a year ago in August, despite strong underlying demand, and cautioned the potential decline in volumes in the second half could impact revenue and profit.
2:54 P.M.
U.S. labor agency investigating two complaints from Apple workers
The U.S. National Labor Relations Board is investigating two cases filed by Apple Inc employees against the company, records on the agency’s website show, amid a wave of employee activism at a company known for its secretive culture.
Ashley Gjovik, a senior engineering program manager at Apple, filed an Aug. 26 charge, which cites harassment from a manager, reduction of responsibilities and increases in unfavorable work, among other complaints, Reuters reported.
2:48 P.M.
U.S. job growth seen slowing in August as Delta variant curbs services demand
U.S. employment growth likely pulled back in August after gaining nearly 2 million jobs in the past two months as soaring COVID-19 cases reduced demand for travel and entertainment, but the pace was probably enough to sustain the economic expansion.
Unemployment rate seen falling to 5.2% from 5.4%, Reuters reported.
2:33 P.M.
Deutsche Bank’s ESG Probe Triggers Review at Asset Managers
European asset managers are reviewing their ESG labeling and marketing claims following news of probes into the investing arm of Deutsche Bank AG, according to people close to the process, Bloomberg reported.
2:23 P.M.
Section of SpiceJet employees go on strike at Delhi airport over salary issues
A section of employees of SpiceJet airline went on strike at the Delhi airport on Friday morning over issues related to reduced salaries, PTI reported.
SpiceJet has been paying reduced salaries to a significant number of employees since 2020 as its finances have been hit due to COVID-19 pandemic-related travel restrictions. Other airlines have also cut the salaries since 2020 for the same reason.
2:15 P.M.
China’s SMIC to invest $8.87 bln for new chip plant in Shanghai
China’s Semiconductor Manufacturing International Corp will invest $8.87 billion to build a chip plant in Shanghai, it said on Friday, expanding capacity amid a global chip shortage as Beijing pushes to boost independence in the sector.
SMIC said it agreed to build a production line with monthly capacity of 100,000 12-inch wafers in the Lingang Free Trade Zone (FTZ) in the Pudong district of China’s business hub, Reuters reported.
2:12 P.M.
Tata Consumer Products rolls out new branding for Tata Soulfull range
Tata Consumer Products on Friday announced the rollout of new branding for the Tata Soulfull range of health and wellness food.
The company said it has integrated the Tata logo into the Soulfull portfolio, subsequent to Tata Consumer Soulfull Pvt Ltd becoming a 100% subsidiary of Tata Consumer Products in February 2021, PTI reported.
2:08 P.M.
Dollar hits one-month lows before payrolls test
The dollar sank to its lowest in almost a month against major rivals on Friday, ahead of a crucial U.S. jobs report that could spur the Federal Reserve to an earlier tapering of stimulus.
The dollar index was little changed at 92.227 after earlier touching 92.151 for the first time since Aug. 5, Reuters reported.
2:03 P.M.
Reliance aims at 100 GW renewable energy by 2030, bring hydrogen cost under $1: Ambani
Reliance Industries aims to generate at least 100 gigawatts of electricity from renewable sources by 2030, which can be converted into carbon-free green hydrogen, its chairman Mukesh Ambani said on Friday as he outlined a vision to bring down the cost of hydrogen to under $1 per 1 kg in 1 decade.
The focus on generating electricity from renewable sources of energy such as solar and wind will help cut carbon emissions in the world’s third-largest greenhouse gas emitter, PTI reported.
1:56 P.M.
Alibaba, Tencent Look Cheap Even With China Crackdown Risks, NYU Professor Says
Some of China’s bellwether Internet stocks are undervalued even as risks of further downside from Beijing’s regulatory clampdown persist, according to a finance professor at New York University.
Alibaba Group Holding Ltd. is the most undervalued by 12.7% compared to its fair value followed by Tencent Holdings Ltd. at 8%, PTI reported.
1:31 P.M.
Maruti Suzuki India to recall over 1.81 lakh cars
Maruti Suzuki India to proactively recall 181,754 units of some petrol variants of CIAZ, ERTIGA, VITARA BREZZA, S-CROSS AND XL6.
The automaker will inspect for a possible defect in these models manufactured between 4th May 2018 to 27th October,2020, PTI reported.
1:22 P.M.
Bharti’s rights issue credit positive for itself, neutral for Singtel: Moody’s
Bharti’s rights issue is credit positive for the company, said Moody’s Investors Service. It noted that the fresh capital would keep the leverage relatively stable amid 5G investments, ongoing cash payments for spectrum and settlement outgo related to AGR.
For Bharti’s 31.7% shareholder, Singapore Telecommunications (Singtel), the transaction is ‘credit neutral’, it said.
Bharti Airtel board had recently approved raising up to ₹21,000 crore by way of rights issue, at a price of ₹535 per share, PTI reported.
1:15 P.M.
Future Retail seeks an early hearing in the SC on its retail merger deal with Reliance
Future Retail Ltd Friday sought an early hearing in the Supreme Court on its fresh appeal against a recent Delhi High Court order which said it will implement an earlier direction restraining FRL from going ahead with its ₹24,731 crore merger deal with Reliance Retail.
Amazon and Future are having a legal tussle after the US e-commerce giant dragged Future Group to arbitration at Singapore International Arbitration Centre (SIAC) in October last year, arguing that FRL had violated their contract by entering into the deal with rival Reliance.
On March 18, a single judge bench of Justice J R Midha had imposed costs of ₹20 lakh on the Future Group and others associated with it and ordered attachment of their properties. The high court had asked the parties to file an affidavit detailing their assets within one month and show cause as to why they not be detained under civil prison, PTI reported.
Sensex and Nifty continued their record breaking streak, opening at fresh record highs with Sensex crossing 58,000 for the first time. Asian shares held onto their gains while Oil fell ahead of a highly anticipated U.S. monthly jobs report.
There was something to rejoice for the Indian economy as the IHS Markit Services Purchasing Managers’ Index rose to 56.7 in August, expanding at its fastest pace since March 2020 when the pandemic began.
HDFC Life Insurance said it will buy the life insurance unit of battery maker Exide Industries for ₹6,687 crore, and added that Exide Life will merge into HDFC Life after the acquisition. After the IPO of Indian firms attracted significant interest from the investors around the world, E-commerce retailer Snapdeal is also considering an initial public offering that could raise about $400 million, Bloomberg reported.
12:45 P.M.
Japanese shares hit 30-year highs as Suga offers to step down
Japanese shares soared with the broad Topix index hitting a 30-year high, after Prime Minister Yoshihide Suga offered to resign, Reuters reported.
The country’s Nikkei share average rose 2.04% while the broader Topix vaulted 1.61% to reach levels not seen since April 1991. For the week, the Nikkei gained 5.4%, the most since early November when Joe Biden won the U.S. presidential election.
“Japanese shares had badly underperformed in recent months despite very strong earnings recovery and the only reason I could think of was a sense of stagnation due to the government’s poor response to the pandemic,” Takashi Hiroki, chief strategist at Monex Securities told Reuters.
12:25 P.M.
Snapdeal considers $400 million IPO
E-commerce retailer Snapdeal is considering an initial public offering that could raise about $400 million, Bloomberg reported.
The company is speaking with advisers regarding a potential listing in Mumbai next year that could value it at as much as $2.5 billion.
Discussions are still at an early stage, and the firm could decide not to proceed with the plan. Bloomberg said representatives for Snapdeal and SoftBank declined to comment.
12:13 P.M.
Copper edges higher as dollar sinks ahead of U.S. jobs data
Industrial metals were mostly higher today, with copper’s advance putting it on track for a second straight weekly gain, as the dollar sank to its lowest in almost a month ahead of a crucial U.S. jobs data, according to a Reuters report.
Three-month copper on the London Metal Exchange was up 0.6% at $9,433.50 a tonne, while the most-traded October copper contract on the Shanghai Futures Exchange rose 1% to 69,500 yuan ($10,760.35) a tonne, the report noted.
12:02 P.M.
Tata Motors opens 70 new sales outlets in South India
Tata Motors today inaugurated 70 new sales outlets across South India in one go, as part of its retail acceleration strategy. Spread across 53 cities, the new outlets have been strategically mapped to key emerging markets of the Southern region, the company said.
The showrooms will be home to the company’s ‘New Forever’ range of passenger vehicles, including its electric vehicles portfolio.
With the addition of new showrooms, Tata Motors’ network in Southern India (Karnataka, Tamil Nadu, Pondicherry, Telangana, Andhra Pradesh and Kerala) will be 272 and the retail footprint in India will grow to 980, a PTI report noted.
11:50 A.M.
Reddit seeks to hire advisers for U.S. IPO
Reddit Inc, the operator of online message boards, is seeking to hire investment bankers and lawyers for an initial public offering (IPO) in New York, Reuters reported, citing two people familiar with the matter.
Reddit was valued at $10 billion in a private fundraising round last month. By the time the IPO takes place early next year, Reddit hopes it will be valued at more than $15 billion, according to the report.
11:10 A.M.
August service activity grows at fastest pace since pandemic began
India’s services industry in August expanded at its fastest pace since March 2020 when the pandemic began as businesses reopened and vaccination rates improved, Reuters reported citing a survey.
The IHS Markit Services Purchasing Managers’ Index rose to 56.7 in August, above the 50-level that indicates growth. PMI had been below 50 for three months and was 45.4 in July.
“The Indian service sector bounced back in August, led by the reopening of several establishments and improved client confidence due to growing vaccine coverage,” Polyanna De Lima, economics associate director at IHS Markit told Reuters.
“Service providers foresee a brighter outlook, with firms indicating that the economic recovery could be sustained if restrictions continue to be lifted and further waves of contamination can be avoided.”
11:00 A.M.
Indian companies’ foreign borrowing jumps 60% in July
Indian companies raised over $3.43 billion from foreign markets through external commercial borrowings (ECBs) in July this year, a jump of about 60% from a year ago, PTI reported citing RBI data.
Indian companies had borrowed $2.15 billion from overseas markets in July 2020.
Of the total borrowings during July 2021, $3.03 billion came in through the automatic route of the ECB, while $400 million was through the approval route.
10:45 A.M.
Sebi moves Supreme Court against SAT order on PNB Housing Finance
Markets regulator Sebi has approached the Supreme Court against the Securities Appellate Tribunal’s order related to the PNB Housing Finance’s ₹4,000 crore equity capital raise plan, PTI reported.
On August 9, the two-member bench of the Securities Appellate Tribunal (SAT) pronounced a split verdict, saying there was difference of opinion between the members of the bench. PNB Housing Finance is restrained by SAT from disclosing the voting results by the shareholders on the fund raise plan until further orders.
“It has been brought to our notice that SEBI has filed an appeal to the Supreme Court of India against the order of SAT,” PNB Housing Finance said in a regulatory filing.
10:15 A.M.
CEO, CFO of scam-hit Karvy arrested
Karvy Stock Broking Chief Executive Officer Rajiv Ranjan Singh, and Chief Financial Officer G. Krishna Hari of Karvy were arrested basing on a complaint by IndusInd bank for allegedly involving in diverting funds raised from banks by pledging clients’ securities as collaterals, PTI reported.
The police had earlier arrested Chairman C Parthasarathy, on charges of defaulting a loan to the tune of ₹137 crore to IndusInd Bank.
10:00 A.M.
HDFC Life Insurance to buy Exide Life
HDFC Life Insurance will buy the life insurance unit of battery maker Exide Industries for ₹6,687 crore, the company said in a regulatory filing.
As part of the deal, HDFC will issue 8.7 crore shares to Exide Industries at ₹685 per share and the remaining amount as a cash payout of ₹726 crore. Exide Life will merge into HDFC Life after the acquisition. .
“This is a landmark transaction, first of its kind, in the Indian life insurance space,” HDFC Life Chairman Deepak Parekh said in a statement. “It would enhance insurance penetration and further our purpose of providing financial protection to a wider customer base.”
9:30 A.M.
Sensex crosses 58,000 for first time
Indian benchmark equity indices continued their record breaking streak. Sensex and Nifty opened at fresh record high with Sensex hitting the 58,000 mark for the first time.
At 9:16 IST, Sensex was up 0.38% at 58070.12 while Nifty rose 0.36% to 17296.
9:15 A.M.
Oil falls before U.S jobs report
Oil prices fell before after strong overnight gains ahead of a highly anticipated U.S. monthly jobs report, Reuters reported.
U.S. West Texas Intermediate (WTI) crude futures slipped 0.3% to $69.75 a barrel while Brent Crude fell 0.2% to $72.90 a barrel.
The fall was likely due to traders squaring positions ahead of U.S non-farm payrolls report for August as there are concerns that consensus maybe weaker than forecasts, Stephen Innes, managing partner at SPI Asset Management told Rueters.
9:00 A.M.
Asian shares hold gains
Asian shares held onto their gains while global shares were at record highs, Reuters reported.
MSCI’s broadest index of Asia-Pacific shares outside Japan remained flat in early trading. Japan’s Nikkei rose 0.38%, Australia was up 0.3%, and Korea soared 0.61%.
Chinese blue chips fell 0.27% and Hong Kong was down 0.6%.
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