Wockhardt rallies; NSE raises daily price limit

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Reuters
Last Updated : Nov 07 2013 | 10:35 AM IST

Reuters Market Eye - Manappuram Finance shares gain 4.8 percent, Muthoot Finance surges 10 percent, Wockhardt is up 6 percent, while Indiabulls Securities Ltd rises 4 percent after the National Stock Exchange increases their daily price limits.

Daily limits in these companies have been raised to 20 percent from 5 percent, the NSE said late on Wednesday.

The exchange periodically adjusts the daily limits for companies' shares based on a set of criteria such as liquidity.

(Reporting by Swati Bhat)

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First Published: Nov 07 2013 | 10:21 AM IST

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