Tata Motors shares slip over 8%; market capitalization declines by Rs 29,016 crore

Tata Motors stock after plummeting 8.34% or Rs 87.25 settled at Rs 959.80 on the BSE. The steep decline in the automaker's share price wiped off Rs 29,016.23 crore from its market capitalization, bringing it down to Rs 3,19,012.47 crore.