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 green with a gain of 316.99 points or 0.45 per cent. By 9.15 am, the index stood at 71,045.86 signifying a gain of 180.76 points or 0.26 per cent over its previous closing. 

On the sectoral front, in the pre-opening session, metals rose by 1.00 per cent, power gained 1.17 and auto rose by 0.56 per cent. 

Meanwhile, Life Insurance Corporation of India, Allcargo Logistics Ltd and Allcargo Gati Ltd emerged as the Top Gainers of BSE in the pre-opening session today. 

Life Insurance Corporation of India, an S&P BSE company, surged 5.30 per cent to trade at Rs 805.05 apiece. On December 21, the government approved a special exemption for the Life Insurance Corporation of India (LIC) to attain a 25 per cent Minimum Public Shareholding (MPS) within the next 10 years.

Allcargo Logistics Ltd rallied 5.14 per cent to trade at Rs 299.55 apiece.  

Allcargo Gati Ltd, an S&P BSE company, climbed 4.78 per cent to trade at Rs 144.80 apiece.

Allcargo Logistics Ltd Board and Allcargo Gati Ltd board have approved the composite scheme of arrangement for restructuring of businesses under Allcargo Ltd and Allcargo Gati Ltd (Formerly Gati Limited). As per the scheme, International Supply Chain (ISC) business will be demerged into a separate entity – Allcargo ECU Limited. This would include the India part of International Supply Chain business along with the international subsidiaries held under the ECU Worldwide NV.

Disclaimer: The article is for informational purposes only and not investment advice.