Tata Motors Paces India Stocks Selloff on Brexit Vote Result

  • Sensex pares loss as automakers, financial companies rally
  • Rupee slides most since August on fears of foreign outflows

Jaguar Land Rover owner Tata Motors Ltd. slumped the most since 2012, sending India’s benchmark stock index to its biggest drop in almost four months as Britons confounded markets and bookies by voting to leave the European Union.

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