Why did Tata Investment rally as markets turned mixed?
On Monday, Indian markets paused their rally with the Nifty closing at 25,227 and Sensex at 82,327. Yet, Tata Investment jumped nearly 7% ahead of its 1:10 stock split record date, stealing the spotlight. Gains in L&T Finance, SBI, and CE Info Systems balanced declines in Avenue Supermarts, BLS International, and Reliance Power amid earnings and regulatory triggers.