Sensex Finishes on a Flat Note

Indian share market finished the trading session on a flat note ahead of RBI monetary policy review on Wednesday.

At the closing bell, the BSE Sensex stood higher by 44 points, while the NSE Nifty finished up by 14 points. Meanwhile, the S&P BSE Mid Cap & the S&P BSE Small Cap finished up by 0.5% and 0.4% respectively. Gains were largely seen in realty sector and energy stocks.

(Here is a list of BSE gainers today.)

Tata Power share price finished the trading day on an optimistic note (up 2.7%) after it was reported that the company’s Strategic Engineering Division (Tata Power SED) has bagged an order from Ministry of Defence, Government of India for the supply of one regiment of Command Post and Launcher of Pinaka Multi Rocket Launcher System (MRLS) to Indian Army.

In another development, Torrent power share price surged and finished up by 4.5% on the BSE after the company entered into Renewal and Amendment Agreement to the Distribution Franchise Agreement (DFA) with the Maharashtra State Electricity Distribution Company (MSEDCL) for distribution of power in Bhiwandi Circle for a further period of 10 years with effect from January 26, 2017.

Moving on to news from stocks in telecom sector.

According to an article in The Livemint, Bharti Airtel Ltd has registered significant increase in revenue market share in the top six circles in the country since the September quarter of 2012-13.

Bharti Airtel share price finished the day up by 0.2% on the BSE. The stock price of the company has dropped 6% in the last six months.

At the time of writing share market news, the rupee was trading at 68.03 against the US$ in the afternoon session. Oil prices were trading at US$ 51.55.

At last, if you have any query, use Equitymaster's online stock screener to scan stocks listed in BSE and NSE stock exchanges in India using various key metrics like share price, market cap, P/E ratio, dividend yield and more.

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