Prestige Estates Projects leads gainers in 'A' group

Reliance Infrastructure, Jaiprakash Associates, Housing Development and Infrastructure and Container Corporation of India are among the other gainers.

Real estate developer Prestige Estates Projects jumped 12.23% to Rs 163.35. The stock topped the gainers in the BSE's 'A' group.

Anil Dhirubhai Ambani controlled Reliance Infrastructure galloped 10.01% to Rs 398.90. The stock was second biggest gainer in 'A' group.

Infrastructure company Jaiprakash Associates spurted 8.88% to Rs 43.55. The stock was third biggest gainer in 'A' group.

Real estate developer Housing Development and Infrastructure (HDIL) climbed 7.22% to Rs 45.30. The stock was fourth biggest gainer in 'A' group.

State-run Container Corporation of India rose 6.48% to Rs 852.30 on reports FTSE increased investability weightage of the stock in its Global Equity Index. The stock was fifth biggest gainer in 'A' group. The stock hit a 52-week high of Rs 854.95 in intraday today, 6 March 2014.

According to reports, FTSE raised Container Corporation of India's investability weightage to 30% from 24% earlier. The changes will be effective after the close of business on Friday, 21 March 2014 (i.e. 24 March 2014), reports added.

An increase in investability weightage of a stock in global benchmark indices such as FTSE, prompts buying from passive trackers of the FTSE indices.

FTSE, which is a part of the London Stock Exchange Group, is a world-leader in providing global index and analytical solutions. FTSE indices are used extensively by a range of investors such as consultants, asset owners, fund managers, investment banks, stock exchanges and brokers.

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