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Tata Motors reverses four-day 20% advance on profit booking

FP Archives December 20, 2014, 15:10:31 IST

Shares of the auto major, the biggest loser among the Sensex blue-chips during morning trade, fell by 3.36 percent to a low of Rs 170.80 on the BSE.

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Tata Motors reverses four-day 20% advance on profit booking

**Mumbai:**Halting its four-day gaining streak, shares of Tata Motors fell by over 3 per cent on the bourses today as investors booked profits.

Shares of the auto major, the biggest loser among the Sensex blue-chips during morning trade, fell by 3.36 percent to a low of Rs 170.80 on the BSE.

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In the past four trading sessions, the stock has advanced 20 percent. On the NSE, the stock shed 3.45 percent to a low of Rs 170.65.

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The decline in the stock was in huge contrast to the overall bullish trend in the market, with the BSE benchmark Sensex trading higher by 208.15 points, or 1.26 percent, to 16,744.62 at 1045 hours.

PTI

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