Gitanjali Gems leads gainers in BSE 'A' group

Union Bank of India, Indian Bank, Titan Company and Financial Technologies (India) are among the other gainers.

Jewellery retailer Gitanjali Gems jumped 7.98% to Rs 73.05. The stock topped the gainers in the BSE's 'A' group.

State-run Union Bank of India galloped 7.50% to Rs 212.75. The stock was second biggest gainer in 'A' group.

State-run Indian Bank spurted 6.47% to Rs 153. The stock was third biggest gainer in 'A' group.

Gold jewellery and watches maker Titan Company climbed 6.04% to Rs 367.15 after a foreign brokerage upgraded the stock to overweight from equal-weight, citing conviction in the strength of the company's Tanishq jewellery brand and its potential to gain market share. The stock hit a high of Rs 370.40 in the intraday, which is also a record high for the counter. The stock was fourth biggest gainer in 'A' group.

Financial software maker Financial Technologies (India) rose 4.70% to Rs 255 on bargain hunting after the stock tumbled 19.51% in the preceding 10 trading sessions to Rs 243.55 on 20 August 2014, from a recent high of Rs 302.60 on 5 August 2014. The stock was fifth biggest gainer in 'A' group.

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