BSE SENSEX Action May 28

MAIN TOP 3 BY VOLUME

* Alok Industries on 24.4 million shares

* Idea Cellular on 19.9 million shares

* Reliance Natural Resources on 18.1 million shares

STOCKS THAT MOVED

* Tata Motors climbed 5.6 percent to 343.55 rupees on reports the leading vehicle maker was close to refinancing its bridge loan taken to buy Jaguar and Land Rover brands last year from Ford.

* Mangalore Refinery and Petrochemicals rose 15.6 percent to 75.95 rupees after its March-quarter net profit almost trebled from a year earlier.

* Sobha Developers Ltd rose 6.9 percent to 193.15 rupees after the realtor sold stakes in projects in Bangalore and other cities to Bangalore-based Purna Partners for 2.25 billion rupees.

* Cummins India Ltd gained 3.9 percent to 260.65 rupees after the engine maker reported a 56 percent jump in March-quarter profit to 1.18 billion rupees, topping market estimates.

* Sugar firms Bajaj Hindusthan, Balrampur Chini, Shree Renuka Sugars and Uttam Sugar dropped 1.5-5 percent after the commodity regulator put curbs on futures trade in sugar to drive prices lower.

Comments