Top three stocks that saw heavy demand from buyers in the pre-opening session today
These three stocks were the top gainers on BSE in the pre-opening session today.
At the pre-opening bell, the frontline index S&P BSE Sensex opened in red with a loss of 249 points or 0.4 per cent. By 9.15 am, the index strengthened to 57,737.36, signifying gains of 123.64 points or 0.21 per cent.
On the sectoral front, in the pre-opening session, metals got hammered by 0.13 per cent, power weakened by 0.77 per cent whereas auto slipped by 0.07 per cent.
Meanwhile, Kajaria Ceramics Ltd, Kennametal India Ltd and Quess Corp Ltd emerged as the Top Gainers of BSE in the pre-opening session today. Barring Kajaria Ceramics Ltd, the other two companies have not made any significant announcements of late. Hence, the rally in their share prices could be driven purely by the market forces.
Kajaria Ceramics Ltd, a S&P BSE 500 company, surged 6.40 per cent to trade at Rs 1089.95 apiece. On Saturday, the company's board approved investment of Rs 90.74 crore and the working capital upto Rs 21.23 crore in Kajaria Ramesh Tiles Limited, Nepal (joint venture company).
Kennametal India Ltd, a S&P BSE SmallCap company, rallied 6.19 per cent to trade at Rs 2194 apiece.
Quess Corp Ltd, another S&P BSE 500 company, climbed 6.01 per cent to trade at Rs 364.40 apiece.