Tata Motors tall debt company and lot of foreign debt; during the last quarter we saw some big write offs because of currency fluctuations.Tata Motors one can see at a slightly demean level, I would think option considering may be Rs 430 types of level would be a fine level to enter this origin. While in the shorter term the buildup may alter added choice Rs 25-30 because it has broken some important sticking to levels for the rapid-term.
Indian stock markets are heading for their second straight hours of day of immense losses, following the BSE Sensex falling as much as 490 points and the broader Nifty declined on summit of 140 points.
Rupee against the US dollar under pressure is being witnessed. Rupee 40 paise is trading at 64.20, with weakness. Market experts believe that the Indian market is getting huge sell-off is the rupee. Meanwhile, the US Dollar Index from fears of rising interest rates soon returned. So in the short term pressure on rupee will remain
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