JSW Energy leads gainers in 'A' group

TTK Prestige, TV18 Broadcast, TCS and United Spirits are among the other gainers.

Power generation company JSW Energy jumped 5.62% to Rs 56.35. The stock topped the gainers in the BSE's 'A' group.

Pressure cooker and kitchen appliance maker TTK Prestige galloped 5.22% to Rs 2,907.15. The stock was second biggest gainer in 'A' group.

Media firm TV18 Broadcast spurted 3.94% to Rs 25.05. The stock was third biggest gainer in 'A' group.

IT major TCS climbed 3.28% to Rs 2,107.90. The stock was fourth biggest gainer in 'A' group. IT stocks were in demand today as rupee edged lower against the dollar. A weak rupee boosts revenue of IT firms in rupee terms as the sector derives a lion's share of revenue from exports. Improving economic outlook of US after the Federal Reserve continued tapering bond purchases and hinted at rising interest rates by next year also aided gains in IT stocks. US is the biggest outsourcing market for the Indian IT firms.

Meanwhile, TCS said after market hours on Wednesday, 19 March 2014 announced the go-live of a new maintenance, repair and overhaul (MRO) application programme with PT Garuda Indonesia (Persero) Tbk. (Garuda Indonesia Airlines), Indonesia's national airline, via its aircraft maintenance subsidiary GMF Aeroasia.

Garuda Indonesia, the national airline of Indonesia connects more than 64 destinations, which include 40 domestic and 20 international destinations worldwide.

Liquor maker United Spirits rose 2.62% to Rs 2,625.10. The stock was fifth biggest gainer in 'A' group.

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