MUMBAI Feb 1 India's National Stock Exchange was looking into the sudden slump in Tata Motors Ltd and Ultratech Cement Ltd shares on Friday, a source at the bourse said.
Tata Motors Ltd and Ultratech shares briefly dropped as much as 10 percent each, before sharply cutting losses, after a series of shares were sold at lower prices.
(Reporting by Abhishek Vishnoi; Editing by Prateek Chatterjee)
Trending On Reuters
State Bank of India, the nation's top lender by assets, reported a better-than-expected 23 percent rise in quarterly profit on Friday and said its bad loan ratio declined sharply, sending its shares up by more than 5 percent. Full Article | Full Coverage