Piramal Enterprises, Motherson Sumi Systems, Jubilant FoodWorks and Titan Industries are among the other gainers.
Jewellery retailers were in demand on reports that the government and banks have agreed on how new rules on gold imports should work. Gitanjali Gems spurted 4.97% to Rs 62.35 and topped the gainers in the BSE's 'A' group. Titan Industries rose 3.94% to Rs 241.50. The stock was fifth biggest gainer in 'A' group.
Banks and other importers had halted gold imports because there was no clarity despite attempts by the central bank and customs authorities to ease confusion. India, the world's largest gold consumer, imports nearly all the gold it consumes.
Shares of jewellery retailers also rose on hopes of strong demand ahead of festival season. The festive season starts with the Durga Puja in October. The festival is followed by Dussehra and Diwali.
Piramal Enterprises surged 4.33% to Rs 589.80. The stock was second biggest gainer in 'A' group.
Motherson Sumi Systems jumped 4.3% to Rs 229.40. The stock was third biggest gainer in 'A' group.
Jubilant FoodWorks surged 4.27% to Rs 1,112.05 and was fourth biggest gainer in 'A' group. The stock rose on volume of 60,322 shares, higher than an average volume of 31,512 shares in the past one quarter.
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