Various widely tracked companies like ITC, ONGC, IRFC, Ircon International, BHEL, BEL, Sun Pharma, Nykaa, Tata Investment Corporation, Hindalco, Ashok Leyland, and Divi’s lab will be releasing their March quarter report cards this week. Here’s a list: May 20ONGC, Indian Railway Finance Corporation (IRFC), Bharat Electronics (BEL), Oil India, SAIL, Deepak Nitrite, Whirlpool of India, … Read more
Indian market closed in the red for the second day in a row on Monday. The S&P BSE Sensex fell by over 100 points while the Nifty50 closed below 19700 levels. Sectorally, buying was seen in IT, telecom, healthcare and public sector stocks while selling was seen in auto, utilities, capital goods, and FMCG stocks. … Read more
Bank Nifty has not been displaying significant momentum, primarily due to the lackluster performance of the heavyweight HDFC Bank. Rupak De, Senior Technical analyst at LKP Securities, says it may not be advisable to consider shorting until Bank Nifty drops below 44,500. “A decisive decline below this level could potentially drive the index towards 43,800/43,500. … Read more
Shares of Tata Power, Nelco, Indian Hotels Company, Voltas, Tata Investment Corporation, Tata Chemicals, and Tata Steel will trade ex-dividend this month. With a market cap of Rs 1,413 crore, Nelco is a leading satellite communication (SatCom or VSAT) service provider in India. It will trade ex-dividend on Monday, June 6, with a final dividend … Read more
A host of board meetings and corporate actions are scheduled for Thursday. At least five stocks will go ex-dividend today. While had announced an interim final dividend of Rs 70 per share, had announced an interim dividend of Rs 1.25. Three companies, namely (Rs 55 per share), (Rs 3 per share) and (Rs 2 per … Read more