India's Tata Motors jumps 3% on JLR 'relief' via US-UK trade deal

Indian automaker Tata Motors Ltd TAMO.NS climbs 2.9%, while broader markets .NSEI down 0.7% .BO

US-UK announce trade deal on Thurs that, among other things, allows UK to ship 100,000 cars to the US at 10% tariff

Tata-owned, UK-based JLR had paused car exports to US in April (JLR gets 25+% sales from US; accounts for 2/3 of Tata rev)

Morgan Stanley says trade deal is "a partial relief" for JLR

CLSA sees hit to JLR's FY26 US dropping to sub-10%, from 30% earlier

Investec says deal likely to limit JLR US sales decline to 9% from 22% previously estimated

TAMO trims YTD losses to 5.2%