Tata Teleservices Surges 6% as Markets Fall on Results

Tata Teleservices shares went up on Monday even though many Indian stocks fell.

The shares started at ₹35.01 and reached ₹37.90 during the day.

Many investors traded the stock, with about 569.36 lakh shares changing hands.

The wider market was weak because of concerns about oil prices, the rupee, and global bond yields.

The company still made a loss in its latest quarter.

However, its loss was much smaller than the loss reported in the same quarter last year.

Its total income also increased to ₹303.90 crore.

These improved results and heavy trading were linked to the share-price rise.