Gujarat Mineral Development Corporation (GMDC) spurted 10.38% to Rs 138.75. The stock topped the gainers in the BSE's 'A' group. As per recent reports, Gujarat State Petroleum Corporation (GSPC) is raising around Rs 900 crore by placing 5% equity stake with a clutch of financial institutions and Gujarat government-owned public sector enterprises (PSEs) including IDFC, LIC, State Bank of India and PSEs like Gujarat Mineral Development Corporation (GMDC), Gujarat State Investment (GSIL), Gujarat Industrial Development Board (GIDB) and others.

Hindustan Zinc surged 7.84% to Rs 1202.35. The stock was the second biggest gainer in 'A' group. Recently a foreign broker rated the stock as 'buy' with a 12-month price estimate of Rs 1,529.

CESC advanced 6.90% to Rs 387.45. The stock was the third biggest gainer in 'A' group.

Tulip Telecom moved up 6.02% to Rs 946.95. The stock was the fourth biggest gainer in 'A' group.

Wind turbine maker Suzlon Energy gained 5.94% to Rs 78.45. The stock was the fifth biggest gainer in 'A' group. The company's unit REpower Systems AG had on 27 November 2009 signed a set of wind farm project contracts with EDF Energies Nouvelles and RES Canada for delivery of up to 954 megawatt.