Explained: 5 stock movements today
-Cairn India edged higher after Bank of America Merrill Lynch (BOAML) has added it to its model portfolio: Counter gained nearly 2 percent on the back of this news.
-Provogue rocked on the buzz of stake hike by Marc Faber: Stock gained 9 percent after reports suggested that Marc Farber might increase his stake to 10 percent through preferential allotment.
-Viceroy Hotels shoned after upward revision in circuit limits: Share gained 13 per cent after BSE revised the circuit limits for the stock from 10 per cent to 20 percent.
-Mercator Lines soared post stake sale buzz: Scrip gained 10 per cent after reports suggested that company is planning to sell 12-15 percent stake in China Ocean Shipping Company.
-NMDC rallied on disinvestment plans: Stock gained more than 2 percent as government plans to sell 10 percent stake in the company.