Shares of Central Depository Services (India) Ltd (CDSL) fell by nearly 3% on Thursday to hit an intraday low of Rs 1,630.40 apiece on the NSE, as investor attention shifted towards the upcoming initial public offering (IPO) of its rival, National Securities Depository Limited (NSDL). The two companies operate as the only depositories in India…
READ MORESeveral prominent companies, including Life Insurance Corporation of India (LIC), HDFC Bank, Divi’s Laboratories, Lupin, and 3M India, will turn ex-dividend on Friday, July 25, 2025. As a result, today marks the last day for investors to purchase shares of these companies to remain eligible for the announced dividend payouts. A wide range of companies…
READ MOREIndian benchmark indices Sensex and Nifty50 opened higher on Tuesday, buoyed by strong earnings from top private lenders and Eternal (Zomato). Investors also remained cautious ahead of a potential trade deal with the US, with the August 1 deadline approaching. The BSE Sensex was trading 193 points, or 0.24%, higher at 82,393. The Nifty50 was…
READ MOREThe combined market valuation of 6 of the top-10 most valued firms declined by Rs 94,433.12 crore last week, with Tata Consultancy Services and Reliance Industries taking the biggest hit, in line with a bearish trend in equities. Last week, the BSE benchmark tumbled 742.74 points or 0.90 per cent. While Reliance Industries, HDFC Bank,…
READ MOREShares of Jaiprakash Power Ventures (JP Power) fell 5.06% in intraday trade on Wednesday, slipping to Rs 23.28 apiece on the BSE. This decline follows a nearly 10% drop on Tuesday, highlighting continued selling pressure in the stock. The stock hit its 52-week high of Rs 27.62 earlier this week on July 14. With a…
READ MOREIndia’s largest private sector lender, HDFC Bank, announced on Wednesday that its Board of Directors will convene on July 19, 2025, to consider a landmark proposal, the issuance of bonus shares for the first time in the bank’s history. In addition, the board will deliberate on declaring a Special Interim Dividend on the bank’s equity…
READ MOREShares of HDB Financial Services debuted on July 2, listing at Rs 835 apiece on both the BSE and NSE—12.8% higher than its issue price. Meanwhile, the stock touched a high of Rs 845.75 on listing day, taking the company’s market capitalisation to Rs 70,198 crore and placing it as the eighth most valuable non-banking…
READ MOREIndia’s mega IPO market has become a graveyard for investor wealth, with a staggering pattern emerging that should alarm anyone betting big on HDB Financial Services’ Rs 12,000 crore debut. Out of the last eight IPOs exceeding Rs 10,000 crore, six have delivered crushing losses to investors within six months of listing, posting an average…
READ MORENine of the top-10 most valued firms together added Rs 2,34,565.53 crore in market valuation last week, with Reliance Industries emerging as the biggest gainer, in-line with a buoyant trend in equities. Last week, the BSE benchmark surged 1,650.73 points or 2 per cent. From the top-10 pack, Infosys emerged as the only laggard, facing…
READ MOREThe combined market valuation of six of the top-10 most-valued firms jumped Rs 1,62,288.06 crore last week, with Bharti Airtel and Reliance Industries emerging as the biggest gainers, in-line with an optimistic trend in equities. Last week, the BSE benchmark gauge jumped 1,289.57 points, or 1.58 per cent. Reliance Industries, HDFC Bank, Bharti Airtel, ICICI…
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