Stock market bounces back; banks, metals shine
Sensex was up 599.34 points, or 0.83 per cent at 73,088.33, while the Nifty was up 151.20 points or 0.69 per cent at 22,147.
Tata Motors will raise up to Rs.500 crore via issuance of non-convertible debentures (NCDs) on a private placement basis.
"A meeting of duly authorised committee was held on Friday approving offering for subscription on a private placement basis, up to 5,000 rated, listed, unsecured, 7.84 per cent coupon, redeemable, non-convertible debentures aggregating up to Rs.500 crore," Tata Motors said in a BSE filing.
Shares of Tata Motors were trading 0.23 per cent higher at Rs.472.90 on BSE.
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