INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Shares of Bedmutha Industries (up 17.28 per cent), Raj Rayon Industries (up 14.29 per cent), MVL (up 12.50 per cent) and Royal
Orchid Hotels (up 12.31 per cent) zoomed over 12 per cent on NSE during Tuesday's trade.
Shares of Ramky Infrastructure (up 11.12 per cent),
Arman Financial Services (up 10 per cent) and Zenith Exports (up 9.96 per cent) climbed up to 11 per cent
The equity benchmarks were trading with gains after the forecast of a normal monsoon for the year.
The Indian Meteorological Department
yesterday said the country will receive "normal" monsoon rainfall this year, raising hopes for higher farm output and a boost to the
rain-dependent rural economy.
Mixed trend at other Asian markets following a positive lead from Wall Street also influenced
sentiment.
However, selling in heavyweights including Bharti Infratel, Infosys, Sun Pharma, Axis Bank and Wipro cooled off key indices a bit
The NSE Nifty index was trading 14 points up at 10,542, while the BSE Sensex was up 53 points at 34,358 around 11 am (IST).
Among the 50
stocks in the Nifty index, 27 were trading in the green, while 23 were in the red
Power Grid, Hindalco and Tata Steel were leading the pack of Nifty50 gainers.
