Metal, Energy, HCL stocks surge higher

Sterlite Industries and Jindal Steel are the major gainers among the metal stocks.

Metal stocks are back in action after yesterday’s fall led by recovery in International metal prices. Hindalco has gained by 1.7% to Rs. 178, Sterlite Industries surged 2.5% to Rs. 422, Sesa Goa edged higher by 0.8% to Rs. 1094, TISCO rose by 1% to Rs. 552 and Jindal Steel climbed 3.5% to Rs. 1526.

At 10:38 am (IST),Suzlon energy has gained by 1.1% to Rs. 1108.

Suzlon energy has gained by 1.1% to Rs. 1108.The company is to invest $ 1bn on new production units and also to add production capacity in US, China and India. The scrip has touched a high of Rs. 1117 and a low of Rs. 1095 and has recorded volumes of over 2 lakh shares on NSE.

At 10:33 am (IST),HCL Technologies has gained by 4.3% to Rs. 527.

HCL Technologies has gained by 4.3% to Rs. 527. The company sealed an outsourcing deal. The company clinched a $ 780mn contract from Skandia. The scrip has touched a high of Rs. 545 and a low of Rs. 510 and has recorded volumes of over 1.4 lakh shares on NSE

At 10:26 am (IST),Kesoram Industries has locked 5% upper circuit to Rs. 244.35

Kesoram Industries has locked 5% upper circuit to Rs. 244.35. The scrip locked at 5% upper circuit for the second day. The scrip has touched a high of Rs. 244.35 and a low of Rs. 240 and has recorded volumes of over 72 thousand shares on NSE.