Stocks

Several major companies including Infosys, Tata Steel, and Indian Bank will trade ex-date this week for final dividends, with record dates between June 8 and June 13.

On Friday, The Nifty 50 closed 49.85 points, or 0.21%, lower at 23,366.70. The Sensex ended 116.67 points, or 0.16%, down at 74,243.34.

Shares of TCS, Infosys, HCLTech, Tech Mahindra dropped by 1-2% each intraday so far during the session

BHEL shares rose 2.86% intraday, outperforming the Nifty 50, with mixed analyst ratings and a 12-month consensus price target below current levels.

Wipro was last trading 4.4% lower. In contrast, Tech Mahindra rose 1.82% and Coforge gained 1.47%, while Tata Consultancy Services, Infosys and Mphasis also traded higher.

Nifty has remained in a consolidation phase for nearly four weeks and has traded within a tight 23,151-23,556 band over the past three sessions.

Market experts shared their insights on fundamentals and technical levels for key stocks, including NLC India, Welspun Corp., Bajaj Housing Finance, NHPC And Apollo Hospitals.

Nifty India Defence rose 1.08%, followed by Nifty Energy at 0.6% and Nifty Auto at 0.54%. Nifty Realty gained 0.47%, while Nifty Pharma advanced 0.38%.

Market experts shared their insights on fundamentals and technical levels for key stocks.

The dip in Trent shares primarily highlights the price adjustment as the stock turns ex-bonus.

PhysicsWallah informed its plan to tie up with multiple regulated third-party NBFCs to enable student lending.

An NDTV Profit analysis of Bloomberg data shows six stocks now trade below their five-year average valuations despite buy ratings exceeding 65% and upside potential of as much as 35.9%.

JBM Auto informed the exchanges that it has secured a market share of 49% in India's electric bus sector in the month of May citing Vahan portal data.

Shares of Tata Consultancy Services Ltd. extended declines for the second consecutive trading session, hitting its lowest levels since February 2020.

BHEL in an exchange filing on Wednesday informed the exchanges about signing an agreement with Dangote Petroleum Refinery & Petrochemicals for eight gas turbine generator packages worth Rs 2,000-2,500 crore.

Market experts shared their insights on fundamentals and technical levels for key stocks.

Musk's decision to offer shares at a fixed price ahead of the order-taking is almost unheard of for sizable US IPOs, unlike in Europe and Asia. Most companies typically announce a price range before marketing shares during investor presentations, with only a handful of tiny firms skipping the opportunity to gauge demand, and potentially build excitement by pricing at ...

Shares of 13 companies will be in focus today as the day marks the last session for retail investors to buy shares to qualify for receiving dividend.

Asian equities also came under pressure after a weaker-than-expected forecast from Broadcom Inc. added to concerns about market momentum.

Parle Industries stock is currently trading at Rs 8.09, accounting for gains of around 4.93% compared to Monday's closing price of Rs 7.71.