Key benchmark indices extended gains and hit fresh intraday high in mid-morning trade. The market breadth, indicating the overall health of the market, was strong. All the thirteen sectoral indices on BSE were in the green. Gains in Asian stocks underpinned sentiment on the domestic bourses. The barometer index, the S&P BSE Sensex, was up 30 points or 0.51%, off close to 35points from the day's high and up about 10points from the day's low.
Who Moved and Why
1) Welspun Projects spurts on plans to sell 7.5% stake in Leighton Welspun Contractors.
2) Trident gains as shareholders to consider amalgamation of Trident Corp.
3) IL&FS Transportation gains on fund raising
4) Amtek India jumps on plans to acquire substantial stake in Kuepper.
5) Allahabad Bank gains after preferential share allotment to government.
Read detail analysis report here: - http://rahulrrfcl.livejournal.com/16890.html
Who Moved and Why
1) Welspun Projects spurts on plans to sell 7.5% stake in Leighton Welspun Contractors.
2) Trident gains as shareholders to consider amalgamation of Trident Corp.
3) IL&FS Transportation gains on fund raising
4) Amtek India jumps on plans to acquire substantial stake in Kuepper.
5) Allahabad Bank gains after preferential share allotment to government.
Read detail analysis report here: - http://rahulrrfcl.livejournal.com/16890.html