New Delhi, May 8 -- Tata Motors share price rallied over 3% on Thursday, marking gains for a second consecutive session, amid optimism surrounding a potential trade agreement between the United States and the United Kingdom. Tata Motors shares rose as much as 3.45% to Rs.704.00 apiece on the BSE.

Tata Motors stock price was the top gainer on the Nifty 50 index. The auto stock has surged 8.6% in two sessions.

According to a report by The New York Times, the US is expected to announce a trade pact with the UK later in the day.

US President Donald Trump hinted at the development on his Truth Social account, stating he would hold a news conference at 10 AM Washington time to discuss "a major trade deal with representatives of a big and hig...