Market Live: Nifty below 10,800, Sensex down 100 pts; Yes Bank slips 4%, NALCO gains 2% – Moneycontrol.com, Moneycontrol.com

NALCO gai ns 4% on announcing record dividend: The company has announced a record 115 percent dividend for 2018 – 19, which works out to Rs 5. 75 per equity share of Rs 5 each. This is the highest dividend payout since the inception of the company in 1981.

Listing: IIFL Wealth Management lists at Rs 1, 270. 50 per share.

Buzzing:Shares of Madhav Infra Projects rose more than 1 percent on September 19 after the company received contracts for road and solar project.

Crude Update: Oil prices edged higher in early Asian trade on Thursday after days of turbulence, with markets soothed by Saudi Arabia’s pledge to restore full production by end-September at facilities knocked out in drone and missile attacks last

Buzzing: Share price of RITES added 2 percent on September 19 as company bagged a major export order from Sri Lanka.

Market Opens:It is flat start for the Indian indices on the back of mixed gloabl cues.

At 09: 18 hrs IST, the Sensex is down 91. 55 points or 0. (% at) . 33, and the Nifty down 33. 30 points or 0. 31% at 10807. 40. About 353 shares have advanced, 383 shares declined, and 30 shares are unchanged.

Nalco, Vodafone India, Bharti Airtel, Tata Motors, HDFC Bank, are among major gainers on the Indices, while losers are ICICI Bank, NMDC, REC, Yes Bank, Zee Entertainment, Coal India, Tata Steel, Tech Mahindra and Infosys.

Among sectors, metal, IT, auto, energy and bank are witnessing selling pressure, while smallcap and midcap index trading flat.

Praj Industries informed regarding closure of its subsidiary- Praj Industries (Namibia) (Proprietary) due to