Financial Technologies (India), GMR Infrastructure, Jammu & Kashmir Bank and Karnataka Bank are among the other gainers.

Commodity exchange operator MCX surged 10.43% to Rs 458.40. The stock topped the gainers in the BSE's 'A' group.

On Thursday, 19 December 2013, Euronext N. V. sold 5.65 lakh shares of MCX at Rs 427.02 each on NSE. As on 30 September 2013, Euronext, which runs leading bourses in the US and Europe, held 4.73% stake or 24.12 lakh shares of MCX.

On Wednesday, 18 December 2013, MCX announced that FMC has approved Blackstone GPV Capital partners (Mauritius) VI FII to increase its stake in MCX upto 4.99% through secondary market transaction. As on 30 September 2013, Blackstone GPV Capital Partners Mauritius VI FII held 10.19 lakh shares, or 2% stake, in MCX.

Financial software maker Financial Technologies (India) (FTIL) spurted 7.42% to Rs 173. The stock was second biggest gainer in 'A' group.

On Thursday, 19 December 2013, shares of FTIL fell 3.45% to Rs 161.05 and shares of MCX fell 1.48% to Rs 415.10 after commodity market regulator ordered FTIL to sell most of its holding in MCX.

Commodity market regulator Forward Markets Commissions (FMC) on Tuesday, 17 December 2013, said Jignesh Shah and his firm FTIL are not 'fit and proper' to run any exchange in the country.

FMC removed its fit and proper designation for both FTIL and its chief executive, Jignesh Shah - a status needed to operate an exchange in India. The loss of the designation means neither FTIL nor Shah can run MCX.

The regulator said National Spot Exchange's (NSEL) payment troubles made FTIL an unfit operator of commodities exchanges and ordered it to cut its stake of 26% in MCX to less than 2%. It did not prescribe how it should dispose of the holding and did not provide a deadline.

NSEL is a separate commodities exchange owned by FTIL that is under investigation by the police and other regulators after struggling to settle outstanding contracts worth more than Rs 5500 crore.

GMR Infrastructure jumped 6.98% to Rs 23. The stock was third biggest gainer in 'A' group.

Jammu & Kashmir Bank, which is controlled by the State Government of Jammu & Kashmir, climbed 6.97% to Rs 1,419.50. The stock was fourth biggest gainer in 'A' group. The stock hit a 52-week high of Rs 1431 in intraday today.

Private sector lender Karnataka Bank rose 6.85% to Rs 105.30. The stock was fifth biggest gainer in 'A' group.