Railway stocks jump up to 10% led by Jupiter Wagons, IRCTC as Ashwini Vaishnaw assumes charge as Minister of Railways

Railway stocks surged up to 10% as Ashwini Vaishnaw resumed as the Indian Railway minister. Jupiter Wagons led with a 10% rise, followed by Texmaco Rail & Engineering and IRCTC, both up 6%. Other gainers included RVNL, IRFC, BEML, Ircon International, RITES, and CONCOR, up between 2.5% and 5%. Vaishnaw, heading the ministry since July 7 in Modi 2.0, was trusted with the role once again by Prime Minister Narendra Modi, with the decision announced on Monday.