Railway stocks jump on FDI notification

Reuters Market Eye - Railway stocks rallied on Thursday after the government notified FDI rules for the sector.The cabinet had approved 100 percent FDI in railways earlier this month.

Texmaco Rail and Engineering Ltd shares rise 10.6 percent. BEML Ltd and Titagarh Wagons Ltd surge to their daily limits of 5 percent.

(Reporting by Indulal PM)