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Tata Capital Breaks Out on Volumes as Bond Bet Signals Higher Risk Appetite
Tata Capital shares broke out on strong volumes as the NBFC invested ₹500 crore in Vodafone Idea’s bond sale, reflecting rising risk appetite and renewed investor interest.
Shares of drew strong investor attention after staging a clear technical breakout on heavy volumes during thin year end trade. The stock climbed over 4% to close near ₹344, supported by trading activity more than three times recent averages, signalling broad based buying interest after a subdued post IPO phase. Sentiment was further shaped by Tata Capital’s decision to invest around ₹500 crore in ₹3,300 crore bond issue, highlighting NBFCs’ growing willingness to step into higher yield credit segments as banks remain cautious.