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Source: Live Mint Stock in focus: Shares of Vedanta, are to remain in focus as the mining conglomerate, known for its generous dividend payouts and high yield, prepares to announce its fourth interim dividend for the financial year 2024-25. The decision will be taken at the board meeting scheduled for Monday, December 16, 2024. Vedanta…
Source: Live Mint Stock market today: The Indian stock market closed with gains on Friday, December 13, as the markets witnessed a rebound. The index recovered its losses from the earlier sessions and closed in the green at the end of last week. The Nifty 50 index closed 0.89 per cent higher at 24,768.30 points,…
Source: Live Mint Buy or sell: Throughout the week, the Nifty index remained in a range-bound zone, oscillating between the 24,000 and 25,000 levels. The week began with a sideways momentum, indicating a lack of significant directional movement. As the week progressed, profit booking took place, which caused the index to dip towards the support…
Source: Live Mint The Indian stock market witnessed a sharp rebound despite volatility and logged its fourth consecutive weekly gain – the longest such streak since July end, driven by a combination of improving global and domestic sentiments. In the third week of December, investors will closely monitor key market triggers, including US Fed interest…
Source: Live Mint Dividend stocks: Styrenix Performance Materials, Bambino Agro Industries and Sacheta Metals Ltd are scheduled to trade ex-dividend next week from December 16 onwards, according to BSE. Some of the major companies have announced various corporate actions, including stock splits, bonus issues and extraordinary general meetings (EGM), according to BSE data. The day…
Source: Live Mint Global brokerage firm Jefferies is cautious about the Indian stock market as it projects a nearly 10 per cent rise in the Nifty 50 benchmark by the end of 2025, setting a December-end target of 26,000. The index hit an all-time high of 26,277.35 on September 27 this year. Jefferies highlighted that…
Source: Live Mint Indian stock market: The domestic equity benchmark indices, Sensex and Nifty 50, are expected to open lower on Friday, following losses in global markets. Asian markets traded lower, while the US stock market fell overnight after the release of key economic data. The US producer prices rose more than forecast in November,…
Source: Live Mint International Gemmological Institute Limited raised ₹1,900 crore from anchor investors ahead of its public issue, according to an exchange filing by the company on Thursday, December 12. The company has allocated 4,55,71,942 or 4.55 crore equity shares to the anchor investors at an allocation price of ₹417 per share, with a face…
Source: Live Mint Although US CPI inflation recorded its sharpest increase in seven months, it aligned with forecasts and did not disrupt expectations of a 25 bps rate cut by the US Federal Reserve next week. However, the November inflation data highlighted that the Fed still faces significant challenges in bringing inflation below its 2…
Source: Live Mint Shares of National Aluminium Company (Nalco) cracked over 8 per cent in intra-day trade on Thursday, December 12, with the scrip settling the day over 7 per cent lower at ₹251.80. The stock has now ended in the red for the third day in a row. Analysts attributed the fall to multiple…
