Unitech, Apollo Tyres, Andhra Bank and Jindal Steel & Power are among the other gainers
ABB India spurted 10.23% to Rs 1,083.15 and topped the gainers in the BSE's 'A' group.
Unitech gained 9.2% to Rs 23.75. It was second biggest gainer in 'A' group.
Apollo Tyres jumped 8.44% to Rs 179.15 and was third biggest gainer in 'A' group. The stock rose on lower rubber prices. Lower rubber prices will boost profitability of tyre makers. Rubber is a key raw material in manufacture of tyres
Andhra Bank surged 6.58% to Rs 76.90 and was fourth biggest gainer in 'A' group.
Jindal Steel & Power (JSPL) rose 6.56% to Rs 248.55 and was fifth biggest gainer in 'A' group. The stock saw high intraday volatility. The stock surged as much as 8.42% at the day's high of Rs 252.90. The stock fell as much as 3.68% at the day's low of Rs 224.65.
Shares of JSPL surged after the Centre today, 1 September 2014 requested the Supreme Court not to cancel all coal block allocations that took place between 1993 and 2011.
Attorney General Mukul Rohatgi today, 1 September 2014 reportedly proposed to the Supreme Court that about 40 of the 218 coal mines it declared illegal should not be taken back from the companies that operate them as they were either producing or were close to producing. Attorney General Mukul Rohatgi also told a Supreme Court hearing that the government was open to re-auctioning the coal blocks if their allocations are revoked, reports added.
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