Tata Group shares in focus, rally up to 20%

Shares of Tata Group companies were in focus, trading higher by up 20% on BSE in otherwise range-bound market.

Nelco, Tata Investment Corporation and Tinplate Company were up between 5% and 20%, while Tayo Rolls, TRF, Tata Power Company, Titan Company, Tata Sponge Iron, Tata Motors and Trent were up in the range of 2% to 4% on BSE. On comparison, the S&P BSE Sensex was up 0.15% at 31,357 at 11:00 am. Tata Consultancy Services (TCS), Voltas and Rallis India however, were down less than 1%.

Tata Investment Corporation (up 10% at Rs 789) and Tata Steel (up