Lupin gains on hopes of higher foreign investment limit

Reuters Market Eye - Lupin Ltd gains 1.3 percent.

The Foreign Investment Promotion Board to consider hike in drug maker's foreign portfolio investment limit on Oct. 21.(bit.ly/1syGdbu)

Foreign portfolio investors currently hold 31.75 percent in the company, as per BSE data.

(Reporting by Abhishek Vishnoi)