Sensex down more than 50 points; Tata Motors falls

Reuters Market Eye - The benchmark BSE Sensex is trading down 53 points and Nifty falls 12 points. Rate-sensitive stocks - Maruti Suzuki is up 1.5 pct, IDFC Ltd up 1.1 pct - contribute to value-buying after five days of falls in the index.

Among the losers, Tata Motors falls 3.1 percent after Nomura downgrades stock after results.

Britannia gains 4.5 percent after a 66 percent surge in September quarter profit.

(Reporting by Subhadip Sircar)