Reuters Market Eye - Shares in Coal India Ltd (COAL.NS) gain 2 percent after its board recommended on Monday a higher-than-expected dividend of 4.3 rupees per share for financial year 2012-13.
Nomura says the final dividend compared with 0.5 rupee per share in the previous fiscal year and is above consensus forecast.
(Reporting by Abhishek Vishnoi)
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