Tata Motors up nearly 1% in otherwise subdued market after the company wins an order for 1,314 trucks from Surat-based Siddhi Vinayak Logistics. The order book value is estimated at around Rs 225 crore.
The rupee fell to its lowest in nearly a week on Thursday as Trinamool Congress (TMC), a key ally of the country's ruling coalition, withdrew its support, raising worries the government may roll back key reforms such as the hike in diesel prices.
After stunning performance of the market on Friday, investors opted for profit booking Monday. The 30-share BSE Sensex fell 79.49 points to close at 18,673.34, which rallied over 400 points on Friday after Mulayam Singh Yadav-led Samajwadi Party decided to support the Congress-led UPA government..
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Today also Rupee contunues its appreciation trend.Rupee opened with 2 paisa strenght against the U.S dollar at 59.67 .On Wednesday, it moved up strongly and touches the 2 weeks new height.Yesterday it closed at 59.69.