Intraday performance and price movement
On January 7, 2026, the share price of Maruti Suzuki India Ltd fell sharply during trading hours, hitting an intraday low of Rs 16,600, down 4.02% from its previous close. The stock closed the day with a fall of 3.53%, falling below the Automobiles – Passenger Cars sector, which in turn fell 2.7%. This drop was also in contrast to the broader Sensex index, which fell 0.38% on the day.
The stock’s decline ended a six-day streak of consecutive gains, signaling a possible near-term trend reversal. Despite this setback, Maruti Suzuki remains positioned near its 52-week high, trading just 4.49% below the high of Rs 17,371.6, indicating that the recent weakness is a pause rather than a sustained slowdown.
Technical indicators and moving averages
From a technical perspective, the Maruti Suzuki share price remains above its 20-day, 50-day, 100-day and 200-day moving averages, generally suggesting an underlying positive trend in the medium to long term. However, the stock is currently trading below its 5-day moving average, reflecting immediate near-term pressure. This divergence between short- and long-term averages often indicates a temporary retracement or consolidation phase.
The intraday low and closing price below the 5-day average highlight the current selling pressure, which may be influenced by profit-taking after the recent rally. The stock’s relative underperformance compared to the sector and Sensex further emphasizes the cautious sentiment among traders.
Market context and sector dynamics
The broader market environment on January 7, 2026 was characterized by a modest decline in the Sensex, which opened at 84,620.40, down 442.94 points (-0.52%), and closed at 84,739.55, a loss of 0.38%. The index remains near its 52-week high, down just 1.68% from 86,159.02, but is trading below its 50-day moving average, indicating some caution in the market in the near term.
Against this backdrop, the mid-cap segment showed resilience, with the BSE Mid Cap index gaining 0.21%, contrasting with weakness in large-cap stocks like Maruti Suzuki. The 2.7% decline in the Automobiles – Passenger Cars sector reflects broader sectoral pressures, which have weighed on Maruti Suzuki’s intraday performance.
Relative performance over various time periods
Despite intraday weakness, Maruti Suzuki’s long-term performance remains strong. Over the past year, the stock has appreciated 41.26%, significantly outperforming Sensex’s gain of 8.36%. Its three- and five-year returns stand at 97.20% and 118.52% respectively, well ahead of the Sensex’s 41.47% and 76.20% over the same periods. Even over a decade, Maruti Suzuki has delivered a remarkable return of 287.55% compared to 240.98% for the Sensex.
However, the year-to-date performance shows a slight decline of 1.01%, marginally worse than the Sensex’s 0.56% decline, reflecting the recent volatility and the current phase of price pressure.
Mojo Score and Ranking Update
Maruti Suzuki India Ltd has a Mojo Score of 72.0, categorized as a Buy rating, upgraded from a previous Hold on January 5, 2026. This upgrade reflects better fundamentals and positive medium-term outlook, despite the short-term price correction seen today. The company’s market capitalization degree remains at 1, indicating a large capitalization status with a significant market presence.
Impact on sector and market sentiment
The fall in Maruti Suzuki’s share price can be partly attributed to broader weakness in the passenger car sector, which has seen a 2.7% decline. This sectoral pressure is compounded by the overall cautious sentiment in the market, with Sensex trading below its 50-day moving average despite modest gains from the mid-cap segment. Investors seem to be digesting the recent gains and re-evaluating valuations, which has led to profit-taking in some large-cap stocks, including Maruti Suzuki.
The stock’s underperformance relative to Sensex by 3.95 percentage points on the day (-4.39% vs -0.38%) underlines the specific pressures facing the company’s stock in the current trading session.
Summary of current price pressure
In summary, Maruti Suzuki India Ltd’s intraday low of ₹16,600 and overall decline of 3.53% on January 7, 2026 reflect a combination of near-term technical pullback and sectoral headwinds. The stock’s position below its 5-day moving average and underperformance relative to the sector and Sensex indicate immediate selling pressure. However, the company’s strong medium to long-term performance, recent rating upgrade, and proximity to its 52-week high suggest this price move is a temporary correction within a broader positive trend.
Market participants are likely to monitor the stock’s ability to sustain key moving averages and respond to sector dynamics in the coming sessions.
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