New Delhi, May 20 -- Prime Minister Narendra Modi's gesture of gifting Parle Melody toffees to his Italian counterpart Giorgia Meloni on Tuesday sparked unexpected activity on the domestic stock market, pushing up shares of an unrelated listed firm that shares the "Parle" name.

The spike followed Modi's publicised "Melody moment," when he presented a pack of Melody toffees to Giorgia Meloni. The Italian prime minister posted on X to thank Modi, amid lighthearted online reaction that used "Melody" to underscore their camaraderie.

Parle Products Private Limited which manufactures the Melody brand toffee however clarified that their company had no link with the BSE-listed company that gained traction.

"So there is one listed company by th...