MCX leads gainers in 'A' group

Dabur India, Adani Ports & Special Economic Zone, Reliance Communications and Jindal Steel & Power are among the other gainers.

Commodity exchange operator MCX spurted 6.85% to Rs 992.95. The stock topped the gainers in the BSE's 'A' group.

FMCG company Dabur India galloped 6.54% to Rs 160.45. The stock was second biggest gainer in 'A' group.

Adani Ports & Special Economic Zone jumped 6.19% to Rs 155.30. The stock was third biggest gainer in 'A' group.

Anil Dhirubhai Ambani-controlled Reliance Communications rose 4.85% to Rs 110.15. The stock was fourth biggest gainer in 'A' group. The stock hit a 52-week high of Rs 111.85 in intraday today, 3 May 2013. The company will announce its year ended March 2013 results on 10 May 2013.

RCom announced last month that Samena Capital in a proposed consortium with certain other global PE funds is at an advanced stage of the process of due diligence and completion of definitive documents in relation to the acquisition of the company's global communications services business unit -- Reliance Globalcom. The intended time line for completion of the transaction is end May 2013. At this point, there can be no certainty that this will lead to a transaction, RCom said. A further announcement will be made in due course, if and when appropriate, the company added.

RCom also said that it has discontinued discussions with Batelco Group for selling its sake in Reliance Globalcom. RCom had earlier said in March 2013 that it was in discussions with Batelco Group with respect to Reliance Globalcom.

Jindal Steel & Power rose 4.22% to Rs 318.55. The stock was fifth biggest gainer in 'A' group.

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