New Delhi, Oct. 17 -- Investors hurriedly bought Tata Motors shares on Thursday after the news of Britain and the EU reaching a new Brexit deal reached Dalal Street.
According to reports, a Brexit deal has been agreed between UK and EU negotiating teams before a meeting of European leaders in Brussels, post which the benchmark Sensex closed 453 points higher while Tata Motors jumped 9.82 per cent on the BSE to Rs 138.15 a share.
Jaguar Land Rover, the UK subsidiary of Tata Motors, is one of Britain's largest automotive manufacturers. The company's performance had taken a hit owing to Brexit related uncertainties.
Easing trade tension & positive development on Brexit provided further boost to the market, analysts said.
"The Brexit deal i...