The decision by Daimler to exit Tata Motors after 56 long years has taken a toll on the shares of India's largest commercial maker in this morning's trades. The stock is trading at Rs 768, weaker by Rs 28 or 3.5%, on the BSE. The shares had opened at Rs 765 and have touched a high of Rs 789 and a low of Rs 750 thus far.

Daimler held a 5.34 per cent stake in the company. Tata Sons will not buy the stake, according to sources familiar with the development.

BSE  |  NSE Price

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Daimler is the world's largest truck maker and is building a factory in Chennai that will begin production in 2012.

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