Cyrus Mistry ouster: Tata group stocks fall up to 4%, pull Nifty down under 8,700-mark
Market sentiment was downbeat after Mistry was removed as chairman of India's largest conglomerate Tata Group and replaced by his predecessor Ratan Tata in the interim, a development that can trigger a confrontation between the single-largest shareholder and the company's founding family.
Oct 25, 2016, 11:24 AM IST