TTK Prestige leads gainers in 'A' group

Motherson Sumi Systems, HDIL, Torrent Power and Nestle India are among the other gainers.

Pressure cooker and kitchen appliance maker TTK Prestige spurted 9.61% to Rs 3,607.60. The stock topped the gainers in the BSE's 'A' group.

Auto component maker Motherson Sumi Systems jumped 6.66% to Rs 288.45. The stock was second biggest gainer in 'A' group. The stock hit a record high of Rs 297.70 in intraday today, 27 November 2013.

Real estate developer HDIL climbed 5.39% to Rs 49.90. The stock was third biggest gainer in 'A' group.

Power utility Torrent Power rose 4.23% to Rs 126.80. The stock was fourth biggest gainer in 'A' group.

FMCG major Nestle India 4.03% to Rs 5,449.85. The stock was fifth biggest gainer in 'A' group.

The Morgan Stanley Capital International (MSCI) included Nestle India in its MSCI India index, effective from the close of trade on Tuesday, 26 November 2013.

MSCI Barra is a leading provider of benchmark indices and risk management analytics products. Many global mutual funds are linked with MSCI indices. Hence, any new stock addition in MSCI index will require the fund tracking that index to include it in its portfolio.

Shares of Nestle India also witnessed bargain hunting after the stock fell 7.41% in the preceding six trading sessions to Rs 5,238.90 on 26 November 2013, from a recent high of Rs 5,657.95 on 18 November 2013.

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