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Tata Motors, UltraTech rebound from Friday's falls
February 4, 2013 / 3:52 AM / 5 years ago

Tata Motors, UltraTech rebound from Friday's falls

Men walk inside a Tata Motors showroom on the outskirts of Agartala, November 7, 2012. REUTERS/Jayanta Dey/Files

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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