Steel Authority of India (SAIL) today reported 56 per cent decline in net profit at Rs 843.34 crore for the quarter ended December 31, 2008, as compared to Rs 1,934.66 crore in the same quarter a year ago. Total income decreased 3.78 per cent to Rs 9,475.67 crore for the quarter under review, as against Rs 9,847.64 crore.The company has informed Bombay Stock Exchange that the board has declared an interim dividend of Rs 1.30 per share, at the rate of 13 per cent, on shares face value of Rs 10.
Sensex today closed 691.55 point up at 19854.12 , Nifty was up 218 points at 5985.10. It is the 6th bigeest gain in oneday. Today's main contributors are IT stocks. Wipro was up at 535.30 (+8.86%), Infosys up at 1810.90(+6.63%) and Satyam closed at 454.55 up by 6.28%. The buying activity was wide-base and lifted almost all the sectoral indices. Sector wise performance was as follows - BSE IT 4581.61 (+260.98) BSE Healthcare 4294.83(+52.30) BSE FMCG2218.74(+20.29) BANKEX 11101.74 (+363.15) BSE Auto5586.83(+45.57) BSE TECk3961.96 (+185.00) BSE PSU 9830.01 (+317.11) Today BSE Midcap closed at 9211.71 up by 186.17 and BSE Smallcap index closed at 11980.57 up by 167.25 points.
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