Sensex, Nifty End Higher For Second Day
Closing Bell: Sensex, Nifty Gain As Investors Shift Focus To Earnings
Indian equity benchmarks ended higher for the second straight trading session on Monday.
The S&P BSE Sensex Index closed 0.43 percent higher at 35,850.16 and the NSE Nifty 50 Index ended at 10,776.60, up 0.46 percent.
Eight out of 11 sectoral gauges compiled by NSE advanced, led by the NSE Nifty Realty Index's 1.19 percent gain. On the flipside, the NSE Nifty Pharma Index was the top sectoral loser, down 0.58 percent.
NHPC Trading Unchanged Despite Power Station Shutdown
Shares of state-owned NHPC Ltd. were trading unchanged after the company announced complete shutdown of its Chamera-III Power Station from Jan. 6 to Jan.14. The shutdown will cause tentative loss of 9.48 million units in generation and 2.74% in Plant Availability Factor (PAF), NHPC said in a notification to the exchanges.
No Decision Yet On Interim Dividend Payment, RBI Governor Says
The central bank has not taken a decision on the interim dividend payment yet, RBI Governor Shaktikanta Das said.
While a lot of discussions taken place between the RBI and the government, no specific communication has taken place regarding this, he added.
Reuters, in a report today, said that the RBI is likely to transfer an interim dividend of Rs 30,000-40,000 crore to the government by March, citing sources.
IL&FS Transportation Networks Defaults On Rs 7.12 Crore Dividend Payment
IL&FS groups unit— IL&FS Transportation Networks Ltd. defaulted on dividend payment of Rs 7.12 crore citing insufficient funds, according to its stock exchange filing.
Block Deal Alert: Berger Pains, Coal India
- Berger Paints: About 54 lakh shares changed hands in two block deals on BSE and NSE.
- Coal India: About 21 lakh shares changed hands in a single block deal.
Buyers and sellers were not known immediately.