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Tata Motors rises

March 10, 2010

INDIA/

Shares in Tata Motors snapped a two-day fall and ended nearly 1 percent higher at 778 rupees.

Tata Sons, the holding entity for Tata Group firms, and Citigroup acquired 8.65 million shares in Tata Motors, according to BSE data released Tuesday.

Shares in the Tata Motors, which has a market value of $9.1 billion fell over 6 percent in intra-day trade Tuesday as German carmaker Daimler is selling its entire stake in Tata Motors for up to $429 million.

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