State-run Chennai Petroleum Corporation’s board on Thursday announced an interim dividend of Rs 8 per share for the financial year 2025-26. The company set Thursday, April 2 as the record date to determine which shareholders will be eligible to receive the dividend. The interim dividend will be paid to the eligible shareholders on or before…
India’s benchmark index Nifty ended Diwali trade on a strong note, powered by a stellar show from index heavyweight Reliance Industries (RIL). It scaled a fresh 52-week highs in today’s session. The market started with a gap-up and remained volatile throughout the day. Commenting on the day’s action, Rupak De, Senior Technical Analyst at LKP…
Stop Loss: Rs 933.45 Target: Rs 1,020 TATACHEM has witnessed a breakout from a Flag & Pole chart pattern on the daily timeframe, accompanied by a strong bullish candlestick with above 20-day average volume, indicating strong buying interest. The stock is trading firmly above its 20, 50, 100, and 200-day EMAs, highlighting the strength of…
Domestic benchmark equity indices dropped on Friday, ending the week in the red, as concerns over dull corporate earnings and persistent foreign outflows outweighed gains in information technology stocks following the U.S. Federal Reserve’s expected interest rate cut. The NSE Nifty 50 fell 0.21% to 24,148, while the BSE Sensex shed 0.07% to 79,486. They…
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Indian benchmark indices fell on Thursday, marking their worst monthly performance since March 2020, as record foreign outflows and weak corporate earnings dampened investor sentiment. The NSE Nifty 50 declined by 0.56% to close at 24,205, while the BSE Sensex dropped 0.69% to 79,389. Both benchmarks lost around 6% in October, their steepest monthly drop…
Indian equity indices closed marginally higher on Thursday, with gains in financial stocks offset by a decline in IT shares. The Nifty 50 inched up 0.07% to close at 24,998, while the S&P BSE Sensex gained 0.18%, settling at 81,611. Both indices had risen around 0.6% earlier in the session. Meanwhile, Friday’s trade may see…