Produced by: Aseem Thapliyal Designed by: Manoj Kumar
The domestic equity market closed higher on Friday. Sensex rose 969 points to end the session at 71,483 and Nifty gained 274 points to settle at 21,546.
Prashanth Tapse, Senior VP (Research), Mehta Equities,“There is a lot of enthusiasm among investors, especially foreign investors, who are pumping in funds into domestic equities over the past few weeks post the state election results. However, due to overbought technical conditions, the benchmark may consolidate in the near term but that said, the near-term outlook for the market continues to be in favor of the bulls."
Shares of R Systems International will trade ex-dividend from December 22, 2023. The firm declared an interim dividend in the ratio of Rs 6.80.
Shares of Alphalogic Techsys will be in focus on December 22 as the company will trade ex-bonus on Friday. The bonus issue was announced in the ratio of 1:3.
Shares of Franklin Industries Ltd will be in focus since the company’s board will hold an EGM on December 21.
Shares of Paul Merchants Ltd will trade ex-bonus from December 19, 2023. The firm declared a bonus issue in the ratio of 2:1.
Shares of Easy Trip Planners Ltd will trade ex-dividend from December 19. The board announced an interim dividend of Rs 0.10.
Shares of IFL Enterprises will be in focus on December 18 as the company will trade ex-bonus on Monday. The bonus issue was announced in the ratio of 1:10.
Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of Business Today. Investors should consult their financial advisors before taking any position