Railway stocks rally on Monday after the appointment of new minister for the railways.
Traders cite hopes for reforms and investment into sector post appointment of new minister.
Prime Minister Narendra Modi appointed Suresh Prabhu as railway minister as part of a cabinet expansion on Sunday.
Texmaco Rail and Engineering shares rose 4.5 per cent, BEML gained 4.3 per cent while Titagarh Wagons surged 4.1 per cent.
Copyright: Thomson Reuters 2014
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