Top three stocks that saw heavy demand from buyers in the pre-opening session today

At the pre-opening bell, the frontline index S&P BSE Sensex opened in green with a gain of 106 points or 0.13per cent.

On the sectoral front, in the pre-opening session, metals jumped by 0.20 per cent, power plunged by 0.13 per cent, and auto surged by 0.20 per cent.

Meanwhile, RK Forge Ltd, Sparc Systems Ltd and Rajesh Exports Ltd emerged as the Top Gainers of BSE in the pre-opening session today.

RK Forge Ltd, an A group company, surged 3.18 per cent to trade at Rs 538.75 apiece. The company has not made any significant announcements of late. Hence, the rally in the share price could be driven purely by the market forces. 

Sparc Systems Ltd, an A group company, gained 2.86 per cent to trade at Rs 165.70 apiece. Sun Pharma Advanced Research Company Ltd (SPARC) announced that the U.S. District Court for the District of Columbia has granted summary judgment in its favour in the matter of the Priority Review Voucher (PRV) for Sezaby. The court held that the FDA’s withholding of the PRV was contrary to law, as no drug containing phenobarbital sodium was “previously approved” under the statute, and allowed 60 days for appeal. SPARC CEO Anil Raghavan said the ruling validates the company’s long-held position on the matter.

Rajesh Exports Ltd, an A group company, rose 2.39 per cent to trade at Rs 195.05 apiece. The company has not made any significant announcements of late. Hence, the rally in the share price could be driven purely by the market forces. 

IPO today

Vidya Wires IPO (Mainline), Aequs IPO (Mainline), Meesho IPO (Mainline) and Shri Kanha Stainless IPO (SME) will open for subscription today.

Neochem Bio IPO (SME) and Helloji Holidays IPO (SME) will enter Day 2, while Ravelcare IPO (SME), Clear Secured Services IPO (SME), Speb Adhesives IPO (SME), Invicta Diagnostic IPO (SME), Astron Multigrain IPO (SME) will enter Day 3 of their subscription.

Purple Wave IPO (SME), Logiciel Solutions IPO (SME) and Exato Technologies IPO (SME) will see their allotment.

Disclaimer: The article is for informational purposes only and not investment advice