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Gitanjali Gems leads gainers in BSE 'A' group

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Capital Market

Union Bank of India, Indian Bank, Titan Company and Financial Technologies (India) are among the other gainers.

Jewellery retailer Gitanjali Gems jumped 7.98% to Rs 73.05. The stock topped the gainers in the BSE's 'A' group.

State-run Union Bank of India galloped 7.50% to Rs 212.75. The stock was second biggest gainer in 'A' group.

State-run Indian Bank spurted 6.47% to Rs 153. The stock was third biggest gainer in 'A' group.

Gold jewellery and watches maker Titan Company climbed 6.04% to Rs 367.15 after a foreign brokerage upgraded the stock to overweight from equal-weight, citing conviction in the strength of the company's Tanishq jewellery brand and its potential to gain market share. The stock hit a high of Rs 370.40 in the intraday, which is also a record high for the counter. The stock was fourth biggest gainer in 'A' group.

 

Financial software maker Financial Technologies (India) rose 4.70% to Rs 255 on bargain hunting after the stock tumbled 19.51% in the preceding 10 trading sessions to Rs 243.55 on 20 August 2014, from a recent high of Rs 302.60 on 5 August 2014. The stock was fifth biggest gainer in 'A' group.

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First Published: Aug 21 2014 | 4:04 PM IST

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