India Hot Stocks: Rail operators up after budget announcement

(Adds rail operators)

MUMBAI, July 3 (Reuters) - The following stocks were on the move at the BSE on Friday.

At 12.48 p.m., the benchmark 30-share BSE index .BSESN was up 0.3 percent at 14,702.99 points.

The 50-share National Stock Exchange Index .NSEI was up 0.3 percent at 4,361.3 points.

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* Shares in railway operators extended gains after the railway minister said private operations of freight terminals will be encouraged. Shares in Container Corp of India (CCRI.BO: Quote, Profile, Research) were trading up almost 5 percent at 1,019.50 rupees.

Shares in Gateway Distriparks Ltd (GATE.BO: Quote, Profile, Research) were up 2.06 percent at 101.75 rupees while Arshiya International shares were up 4.6 percent at 121.90 rupees.

(12.47 p.m.)

(jasudha.kirpalani@thomsonreuters.com)