INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Shares of Sarda Energy Minerals (up 13.60 per cent), Weizmann Forex (up 12.96 per cent) and Gateway Distriparks (up 12.05 per
cent) surged over 12 per cent on NSE during morning trade on Monday as equity markets were up on buying in most sectors amid positive global
cues.
Shares of container logistics firm Gateway Distriparks surged on reports that it will acquire global private equity major Blackstone's
entire shareholding in its freight company Gateway Rail Freight for Rs 810 crore.
Stocks such as Sharda Motor Industries (up 10.08 per
cent), Electrosteel Castings (up 8.10 per cent), Mirza International (up 7.84 per cent), Vikas Ecotech (up 7.32 per cent) and Hindusthan
National Glass Industries (up 7.12 per cent) jumped up to 10 per cent.
PFC (up 6.88 per cent), Sun Pharma (up 6.51 per cent), B L Kashyap
(up 6.11 per cent), Jet Airways (up 6.10 per cent) and Fertilizers and Chemicals Travancore (up 6.02 per cent) climbed over 6 per
cent.
Equity markets were up amid positive global cues as signals of the revival of US-North Korea talks cheered investors.
A fresh fall in
crude oil prices and strengthening rupee also gave hope to investors
The NSE Nifty index was trading 61 points up at 10,666, while the BSE Sensex was up 187 points at 35,112 around 10:10 am (IST).
Sun Pharma,
BPCL, Indian Oil Corporation and HPCL were leading the pack of Nifty gainers
