Tata Group stocks down after Mistry's removal
Shares across Tata Group companies tumbled on Tuesday morning following the group's decision to remove Chairman Cyrus Mistry and bring back Ratan Tata as its interim Chairman. Shares of Tata companies saw losses ranging between 1%-8%. Following the announcement, shares of Tata Metaliks plunged 8.72%, Tata Steel plunged 4%, Tata Motors fell over 2% and Tata Communications dipped 3.93%.