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Tuesday, November 01, 2011

Monday's NASDAQ Winners: SIFY, REDF, MNTA, CVVT

POINT ROBERTS - November 1, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Monday October 31st. Nasdaq closed with a loss of 52.74 (-1.93%) to end at 2684.41.
Sify Technologies Limited (NASDAQ:SIFY) was the top percentage gainer for the session closing higher $2.43 (62.79%) to $6.30 on no news. More than 6.88 million shares traded hands, compared to its average volume of 809K shares. The stock has been moving higher over the past week surging 85%.
Rediff.com India Limited (ADR) (NASDAQ:REDF) climbed $3.34 (44.01%) to $10.93 on hefty volume of 3.42 million shares, compared to its average volume of 433K shares. The stock has jumped over 64% over the past one week. The stock has a 52-week range of $2.90-$17.98.
Momenta Pharmaceuticals, Inc. (NASDAQ:MNTA) closed with an impressive gain of $2.56 (20.92%) to end the day at $14.80 after its federal-court victory Friday temporarily stopping rivals from selling a generic form of its anti-clotting drug.
China Valves Technology, Inc. (NASDAQ:CVVT) gained $0.42 (15.85%) to close at $3.07 rebounding from its recent lows. More than 664K shares exchanged hands, compared to its average volume of 144K shares.
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