Tata Motors price falls after its sales data

The Markets Today in a nutshell

• Domestic benchmark indices ended positive, extending the winning run to eighth straight session.
• The Sensex and the Nifty hit record levels in intraday as well as on a closing basis. Trading was volatile due to expiry of weekly index options on the NSE. IT, metals and realty shares rallied. On the other hand, autos, oil & gas and FMCG shares declined.

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News you could use

? Tata Motors price falls after its sales data
Tata Motors shed 0.24%. The auto major said that its sales in the domestic & international market for November 2022 stood at 75,478 vehicles, up by 21.36% as compared to 62,192 units sold during November 2021. While total commercial vehicle (CV) sales fell by 10% to 29,053 units, total passenger vehicles (includes EV) sales jumped 55% to 46,425 units in November 2022 over November 2021. 

? Piramal Enterprises share price rallies after board approved issuance of NCDs
Piramal Enterprises advanced 4.69% after the companys board of directors approved the issuance of market linked non-convertible debentures (NCDs) aggregating up to Rs 250 crore, on private placement basis. The size of the issue is up to Rs 50 crore along with an option to retain over subscription of up to Rs 200 crore, aggregating up to Rs 250 crore. 

? Easy Trip Planners share rallied after the announcement of definitive agreement for acquisition
Easy Trip Planners (EaseMyTrip) rallied 5.79% after the company announced that it has entered into a definitive agreement to acquire the 75% stake in Nutana Aviation Capital IFSC. The company said that in a growing charter market across the globe, Nutana Aviation will be carrying business for renting and booking of charter aircrafts.

News from the IPO world?

• Tata Play becomes first firm to file confidential papers with Sebi for IPO
• Uniparts India IPO fully subscribed on day 2.
• Signature Global gets SEBI nod for its Rs. 1,000 crore proposed IPO

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