Market

Stocks turning ex-date today, June 19: A host of Indian companies, including HDFC Bank, Polycab India, Tata Communications, AWL Agri Business and IndiaMART InterMESH, will trade ex-dividend on Friday, June 19, making it the last day investors can buy these stocks to qualify for their announced payouts. Besides dividends, Deepak Builders and Engineers India will…

Benchmark crude prices extended recent declines, with Brent crude trading near USD 78.9 per barrel, down around 1.1 per cent on the day, after ending the previous session slightly higher. U.S. West Texas Intermediate (WTI) crude hovered at USD 75.40, slipping 0.59 per cent, while Brent futures were last seen at USD 79.20, down 0.81…

Oil prices are headed for a substantial weekly drop as the interim Iran deal witnessed shipping via the Strait for Hormuz begin to return to normal. Brent declined towards $79 a barrel, declining over 9% this week. Meanwhile, the West Texas Intermediate for August was close to $75 a barrel. Ships carrying stranded oil began…

Shares of ICICI Prudential Asset Management Company Ltd. will be in focus on Friday, June 19, as its six-month shareholder lock-in period comes to and end, which will free up a substantial portion of its outstanding equity. According to a note from Nuvama Alternative & Quantitative Research, as many as 344 million shares of the…

Sensex Today | Stock Market LIVE Updates: The Nifty Bank having rallied nearly 3,000 points in six sessions and is now at the upper end of the 57,000 – 58,000 trading range. The bulls would hope that this outperformance continues today to offset any pressure in IT names. Sensex Today | Stock Market LIVE Updates:…

The National Stock Exchange (NSE) has identified regulatory changes, technology disruptions, cybersecurity threats, artificial intelligence (AI)-related challenges, and its heavy reliance on derivatives trading revenues as key risks that could materially impact its business operations and financial performance. In its Draft Red Herring Prospectus (DRHP) filed on Wednesday for its proposed initial public offering (IPO),…

Stocks to Watch Today, June 19: Indian stocks are likely to remain in focus on June 19 as investors assess a series of corporate developments spanning the automobile, technology, banking, telecom, energy and infrastructure sectors. Key stocks to watch include Tata Motors, HCLTech, Wipro, Bharti Airtel, HDFC Bank and SBI following announcements related to investments,…

Shares of Infosys Ltd. will be in focus on Friday, June 19, after the technology services provider’s US-listed shares or American Depository Receipts (ADRs) ended 10% lower on Wall Street overnight. Why Infosys ADRs Fell 10% On Thursday? Consultancy firm Accenture reported results for the quarter that ended on May 31, which were a miss…

Wall Street largely ignored a hawkish Federal Reserve Policy and rebounded from Wednesday’s sell-off as chip stocks led the recovery on Thursday, June 18. Markets will be shut on Friday, due to the Juneteenth holiday. The Dow Jones cooled 400 points from the day’s high to end just above the flat line, while the S&P…

India’s textile sector could be entering a new growth phase as the India-UK SP Apparels comes into force on July 15, according to Prerna Jhunjhunwala, Vice President, Equity Research at Elara Capital. Jhunjhunwala expects Indian textile companies to gain market share in the UK as tariff barriers are removed. She also sees broader benefits from…