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The Relative Strength Index of the stock stood at 51.0 on Friday.

A total of 8,695 shares changed hands on the counter till 10:35AM (IST).

Golden Cross is an important technical indicator of bullishness. It occurs when a short-term moving average crosses over a major long-term moving average on the upside.

Companies and consumers have tightened their belts, with memory chip buyers such as smartphone and PC makers holding off on new purchases and using up existing inventory, driving down shipments and ushering in an industry downcycle.

Further, there are a couple of board meetings slated for Friday. Hazoor Multi Projects and Wardwizard Innovations & Mobility will meet to consider the rights issue of equity shares. JSG Leasing will hold its board meeting for the issue of warrants.

The rupee on the interbank trading system fell to a low of 82.28 on Thursday. USD/INR October futures, which trade beyond OTC hours, settled at 82.39, climbing almost 35 paise in the last one-and-a-half hours.

V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services said that an important data which can influence markets globally is the US jobs data expected tonight.

Sectorally, selling pressure was seen in metals, banks, IT, oil & gas, and energy stocks while some buying was visible in consumer durables, auto, and telecom stocks. The Indian rupee on Friday hit a fresh record low of 82.22 against the US dollar

Tata Motors Ltd., incorporated in the year 1945, is a Large Cap company (having a market cap of Rs 137518.98 Crore) operating in Auto sector.

As of 30-Jun-2022, promoters held 51.2 per cent stake in the company, while FIIs held 11.8 per cent and domestic institutional investors had 3.79 per cent.