Wockhardt rallies; NSE raises daily price limit

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)