Sensex, Nifty Extend Record As Coal India Climbs Most In 2 Years

Indian equity benchmarks advanced to a record for the third straight day, led by the gains in Coal India, Yes Bank and Wipro.

The S&P BSE Sensex Index rose 0.3 percent to 34,443.19 after 14 out of 31 stocks in the Index gained. The NSE Nifty 50 Index rose 0.1 percent to 10,637.

The market breadth was tilted in the favour of sellers. Ten out of 19 sector gauges compiled by BSE ended lower led by the S&P BSE Telecom Index's 1.3 percent decline. On the other hand, the S&P BSE Realty Index was the top sectoral gainer, up 2.8 percent.

Music Broadcast

• Stock rose as much as 12.2 percent to Rs 447.20.
• Trading volume was 55.9 times its 20-day average.

Federal-Mogul Goetze India

• Stock rose as much as 10.2 percent to Rs 583.30.
• Trading volume was 31.2 times its 20-day average.

Sarda Energy & Minerals

• Stock rose as much as 16 percent to Rs 604.40.
• Trading volume was 14.6 times its 20-day average.

Quick Heal Technologies

• Stock rose as much as 17.6 percent to Rs 377.
• Trading volume was 11.4 times its 20-day average.

Shares of the Kerala-based private sector lender fell 2 percent to Rs 33.15 after it reported December quarter earnings.

• Net profit came in at Rs 115 crore versus Rs 111 crore (YoY)
• Gross non-performing assets as a percentage of total advances came in at 3.4 percent versus 3.57 percent (QoQ)
• Net interest income came in at Rs 509 crore versus Rs 417 crore (YoY)