JP Associates gains on bulk deal

The stock is now up over 3 percent on the BSE.

Jaiprakash Associates continues to trade on a firm note on the BSE, on the back of huge block deal.

According to TV reports, 65.5 lakh equity shares have changed hands at JP Associates in a single block deal at Rs. 9.80 on the BSE.

The stock is now trading at the highest point of the day - with a loss of over 3 percent at Rs. 10.

So far, the counter has witnessed huge trades of around 8 million shares as against the daily average volume of 3.4 million shares.

Meanwhile, the BSE Sensex has soared over 300 points at 28,021.