Financial Technologies (India) Leads Winners In Group A

Financial Technologies (India) jumped 10.35% to 861.15 rupees and led the winners in the BSE group “A”. Shares acquired on volume of 3.08 lakh shares, more than two weeks the average daily volume of 35,000 shares. Recent reports have indicated the SEC unit shares in the company received the Multi Commodity market regulator Securities and Exchange Board of India for approval of an initial public offering. Financial Technologies holds 31% stake in MCX.

Rajesh Exports jumped 8.42% to 123.55 rupees. The stock was the second biggest winner of the ‘A’ group.

Tata Motors rose 7.02% to 161.70 rupees, extending a two-day increase of 8.19%. He won the third largest in ‘A’ group. Tata Motors vehicles globally rose 3% to 87,459 in August 2011 to August 2010. The company said sales in the United Kingdom of its luxury car unit, Jaguar and Land Rover (JLR), increased by 31% to 21.242 vehicles in August 2011 to August 2010. Sales of sport utility vehicles Land Rover jumped 43% to 17,833 units, but sales fell 10% to 3409 units of Jaguar cars. Global sales of all trucks and buses increased by 17% to 48,023 units.

India Bulls Financial Services gained 7.01% to 161.80 rupees. The stock was the fourth biggest gainer “A” group. Shares acquired on volume of 2.53 lakh shares, more than two weeks the average daily turnover of 59,000 shares.

Advanced Manappuram Finance 6.84% SR 57.05 and was the fifth biggest gainer ‘group.


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