Indices at previous closing
Nifty50: 17,625 ▲+271 (+1.5%)
Sensex: 59,183 ▲+929 (+1.6%)
Nifty Bank: 36,421 ▲+940 (+2.6%)
For more updates on F&O, click here.
Coal India soars on sales jump
Shares of India’s largest coal producer soared 6% and were top gainers in the Nifty50 pack, on Monday, as it posted a sharp rise in its offtake. The sales rose 15.7% year-on-year in December to 60.7 million tonnes.
Even in the first nine months of FY22, it’s offtake rose 17.6% to 481.8 million tonnes. This comes at a time when there is a rebound in economic growth and a strong demand for electricity.
Federal Bank posts strong Q3 numbers
In the December quarter, the private bank’s gross loans rose 12% year-on-year to ₹1.4 lakh crore. In the same period, the lender’s deposits also increased 9% to ₹1.7 lakh crore.
The bank’s current account saving account (CASA) ratio, which is the cheapest source of funds, also rose to 36.6% in Q3FY22 from 34.4% in Q3FY21. Against this backdrop, the shares of the bank rose 5.1% yesterday.
NCC bags large orders
The infrastructure company said that it bagged new orders worth ₹1,898 crore in December 2021. Of that, three orders worth ₹988 crore are related to its building division. The remaining two orders are pertaining to the water division and are worth around ₹910 crore.
It received these orders from the state government agencies. Shares of the company rose and closed around 2% higher yesterday.
Sectoral indices (January 3)
| Top gainers | Top losers |
| Nifty Bank ▲ 2.7% |
Nifty Pharma ▼ 0.4% |
| Nifty Financial Services ▲ 2.4% |
NA |
Global markets (at 8:00 am today)
| Indices | Today's movement |
| SGX Nifty | ▼ 0.1% |
| Nikkei 225 (Japan) |
▲ 1.3% |
| Hang Seng (Hong Kong) |
▲ 0.0% |
| SSE Composite (China) | ▼ 0.5% |
| Dow Jones (US) (January 3) |
▲ 0.6% |
| NYSE (US) (January 3) |
▲ 0.3% |
| Nasdaq (US) (January 3) |
▲ 1.2% |
| S&P 500 (US) (January 3) |
▲ 0.6% |
Fact of the day
PepsiCo’s Frito-Lay made 600 million pounds of snacks in the six weeks before the NFL championship game (Super Bowl) in 2020.
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