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 194 points or 0.27 per cent. By 9.15 am, the index stood at 73,267.93 signifying a gain of 210.53 points or 0.29 per cent over its previous closing. 

On the sectoral front, in the pre-opening session, metals rose by 1.13 per cent, power gained 0.35 and auto rose by 0.10 per cent. 

Meanwhile, Gujarat Gas Ltd, APL Apollo Tubes Ltd and Dhampur Sugar Mills Ltd emerged as the Top Gainers of BSE in the pre-opening session today. 

One 97 Communications Ltd (Paytm), an S&P BSE company, surged 4.99 per cent to trade at Rs 395.25 apiece. The stock hit the upper circuit for the fourth consecutive trading day due to mulltiple factors, including the RBI's extended deadline, favorable management comments, and positive outcomes like the ED finding no violation, a deal with Axis Bank, and an outperform rating by Bernstein.

Campus Activewear Ltd rallied 4.79 per cent to trade at Rs 256.85 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. 

Hindalco Industries Ltd, an S&P BSE company, climbed 4.39 per cent to trade at Rs 534.25 apiece. The stock rallied as the company’s US subsidiary Novelis filed for an initial public offering (IPO) with the Securities and Exchange Commission (SEC). The shares are expected to be offered by Novelis’ sole shareholder AV Minerals (Netherlands), a wholly-owned subsidiary of Hindalco. 

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