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 64 points or 0.08 per cent. By 9.15 am, the index stood at 84,824.58 signifying a loss of 104 points or 0.12 per cent over its previous closing.
On the sectoral front, in the pre-opening session, metals Jumped by 0.60 per cent, power zoomed by 0.40 and auto slipped by 0.10 per cent.
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Meanwhile, Reliance Power Ltd, V.I.P.Industries Ltd and Samhi Hotels Ltd emerged as the Top Gainers of BSE in the pre-opening session today.
Reliance Power Ltd, an S&P BSE company, surged 4.98 per cent to trade at 40.06 apiece. Anil Ambani's Reliance Group announced on Monday that it will fund up to Rs 1,525 crore (USD 183 million) through a preferential offer. The company intends to use the funds for business expansion and debt reduction. It would generate capital by issuing 46.2 crore shares or warrants at Rs 33 each.
V.I.P.Industries Ltd rallied 4.25 per cent to trade at Rs 580.45 apiece. The company has not made any significant announcements of late. Hence, the rally in the share price could be driven purely by the market forces.
Samhi Hotels Ltd, an S&P BSE company, climbed 3.71 per cent to trade at Rs 218 apiece. The company has not made any significant announcements of late. Hence, the rally in the share price could be driven purely by the market forces.
Disclaimer: The article is for informational purposes only and not investment advice.