MUMBAI Shares in Tata Motors Ltd (TAMO.NS) and UltraTech Cement Ltd (ULTC.NS) rose in early trade after briefly plunging as much as 10 percent during Friday's trading session because of a technology trading glitch from brokerage Religare Capital Markets.
At 11:56 a.m., Tata Motors shares were up 4.3 percent after falling 5.49 percent on Friday. UltraTech shares rose 3.2 percent after dropping 3.4 percent in the previous session.
(Reporting by Rafael Nam; Editing by Sunil Nair)
Trending On Reuters
India's government and businesses are pushing for an interest rate cut next week even though data on Friday may show output is expanding faster than China's, in the latest sign of concerns that the figures are masking weaknesses in the economy. Full Article