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 204.62 points or 0.34 per cent. By 9.15 am, the index further strengthened to 60,579.25, signifying gains of 232.28 points or 0.38 per cent. 

On the sectoral front, in the pre-opening session, metals shined by 0.4 per cent, power strengthened by 0.5 per cent while auto surged 0.2 per cent. 

Meanwhile, South Indian Bank, Tata Investment Corporation, and Vedanta Ltd emerged as the Top Gainers of BSE in the pre-opening session today. Barring Vedanta 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 market forces.  

South Indian Bank Ltd, an S&P BSE Smallcap company, surged 16.23 per cent to trade at Rs 10.10 apiece. 

Tata Investment Corporation Ltd, an S&P BSE 500 company, rallied 4.42 per cent to trade at Rs 2,740 apiece. 

Vedanta Ltd, an S&P BSE 100 company, climbed 4.24 per cent to trade at Rs 318.40 apiece. This surge comes after the company announced that it is considering a second chip and display manufacturing facility in India, besides the initial USD 20 billion (Rs 1.54 lakh crore) investment plan for its first such venture in Gujarat.