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 744.46 points or 1.22 per cent. By 9.15 am, the index was trading at the level of 60,533.15, signifying loss of 293.07 points or 0.48 per cent.

On the sectoral front, in the pre-opening session, metals got hammered by 1.4 per cent, power weakened by 1.3 per cent whereas auto slipped by 1.13 per cent.

Meanwhile, Morepen Laboratories, Star Health and Allied Insurance Company Ltd, and IOL Chemicals & Pharmaceuticals Ltd, emerged as the Top Gainers of BSE in the pre-opening session today. None of these companies have made any significant announcements of late. Hence, the rally in their share prices could be driven purely by the market forces.  

Morepen Laboratories Ltd, an S&P BSE SmallCap company, surged 4.64 per cent to trade at Rs 38.30 apiece.

Star Health and Allied Insurance Company Ltd, an S&P BSE 200 company rallied 2.06 per cent to trade at Rs 583.95 apiece.

IOL Chemicals & Pharmaceuticals Ltd, another S&P BSE SmallCap company, climbed 2.04 per cent to trade at Rs 392.85 apiece.