Tata Motors, UltraTech rebound from Friday's falls

MUMBAI Mon Feb 4, 2013 11:57am IST

1 of 2. Men walk inside a Tata Motors showroom on the outskirts of Agartala, November 7, 2012.

Credit: Reuters/Jayanta Dey/Files

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MUMBAI (Reuters) - 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)

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