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Market Outlook for the day - As per the current chart formation, Nifty is likely to witness technical bounce in next trading session. Nifty will find support @ 5600-5580 and Resistence @ 5675-5655.
Tata Motors and DLF News Updates
Tata Motors Ltd's global vehicle sales rose 6% in October from a year earlier, with sales at its key Jaguar Land Rover subsidiary rising 7%, after falling in September for the first time in 14 months. Tata Motors sold a total of 100,660 vehicles in October. Overall passenger car sales stood at 49,264 vehicles, down 5% from a year earlier.
DLF will issue fresh equity shares in the next fiscal to dilute promoters’ stake to 75% as per SEBI’s guidelines and will use the funds to cut debt.
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