Tata Motors share price jumped 4.44 percent as value buying emerged at multiple-month lows for the automobile major.

Tata Motors, Maruti Suzuki, Mahindra & Mahindra, Motherson Sumi and other shares in automobile sector were among major losers.

Tata Motors and Hyundai Motor India reported decline in sales while Mahindra & Mahindra continues to grow its numbers.

Tata Motors share price declined by 2 percent on Thursday amid selling pressure in automobile stocks.

Tata Motors share price was up by 1.7 percent during early trades. The stock touched an intraday high at Rs 671 at the time of publication of this report.

LIC Housing Finance, Tata Chemicals, Tata Motors and IRCTC were among popular stocks that touched yearly lows today as selling in Indian markets continued.