Sensex fell 493 points to 60,254, Tata Motors shares rose by more than 6%

The Indian stock market is seeing a decline on the second trading day of the week, i.e. on Tuesday (January 10). The Sensex is trading at a level of 60,254 with a fall of 493 points. The Nifty has fallen 142 points to the level of 17,958. Of the 30 Sensex stocks, 21 declined. At the same time, only 9 stocks are seeing a boom.
In the midst of this decline in the market, the stock of Tata Motors is showing a gain of more than 6%. This rise in Tata Motors shares has come after the company's December quarter sales results. The company's global sales have increased by 13%. At the same time, the wholesale number of JLR has also increased by 15%. Tata Motors' share has crossed Rs 414 today with a gain of more than 6% i.e. more than Rs 24.
Apart from Tata Motors, 13 Nifty-50 stocks including Power Grid, Apollo Hospitals, Hindalco, ONGC, Divis Lab and Tata Steel advanced. On the other hand, 37 Nifty stocks including Bharti Airtel, Adani Enterprises, SBI, Eicher Motors, Hero MotoCorp and TCS are showing a decline.
Out of 11 sectoral indices of NSE, 9 are showing a decline. There is a decline of more than 2% in the PSU bank sector. Bank, IT, Private Bank, Financial Services, FMCG, Realty, Media and Metal sectors also declined. Only the pharma and auto sectors are witnessing a boom.
Earlier, on the first trading day of the week i.e. Monday (January 9), there was a great boom in the stock market. The Sensex climbed 847 points to close at 60,747. At the same time, the Nifty jumped 242 points to reach the level of 18,101.