Defence shares: ZEN Technologies climbed 4.05 per cent to 874.80 on BSE. HAL shares rose 1.12 per cent to Rs 3,033.65. Bharat Electronics advanced 0.62 per cent to Rs 187. Mazagon Dock shares fell 0.98 per cent to Rs 2,268.10.
Bharat Heavy Electricals Ltd, Punjab National Bank Ltd, Oberoi Realty and Jindal Stainless Ltd would be required to broadly maintain their prevailing price levels to enter MSCI Global Standard Index in the February review.
Coal India Ltd., the world’s largest supplier of the fuel, will add production of a key ingredient used in explosives for mining as it aims to tackle surging costs. The company plans to produce around 700,000 tons a year of ammonium nitrate, about half the amount it consumes, amid efforts to protect profit margins, according to people familiar with the details.