Tata Motors Limited has reported a 5.62% increase in its group global wholesales, including Jaguar Land Rover, at 1,09,597 units in October 2018, higher by 6%, as compared to October 2017.
Benchmark indices ended lower on Tuesday as investors turned wary amid mixed global cues. Declining rupee and rising crude oil prices also put strain on stocks.
The BSE Sensex closed 174.91 points lower at 34,299.47, while the NSE Nifty50 ended 47 points, down at 10,301.05.
The market is under pressure due to global factors. Investors should have bet on selected quality shares in this time. Auto companies are showing good performance. Expert Advice to invest Tata Motors, Ashok Leyland, M&M, and Bajaj Auto. Housing Finance, Read more
Tata Motors expected to report good earnings in quarterly results. Profit of company is expected to increase on a sequential basis but weak on YOY basis. The shares of Tata motors shares rallied more than 5% intraday.