November 6, 2012 / 9:43 AM / 5 years ago

MARKET EYE-Indian cement stocks extend rally on demand hopes

* Indian cement makers extend a recent winning streak on
continued hopes cement prices will rise on the back of stronger
seasonal-related demand.
* ACC gains 2.6 percent, up for a fifth consecutive
session, also helped after reporting last week October cement
shipments rose by 3.5 percent, in what was a sturdier
performance than expected. 
* Ambuja Cements gains 2.6 percent, up for a fourth
session.

 (abhishek.vishnoi@thomsonreuters.com)

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