Produced by: Bhoomika Designed by: Mohsin Shaikh
Can Fin Homes' shares will trade ex-dividend on the bourses on Friday, December 29. Earlier, the finance service company announced an interim dividend of Rs 2 per equity share—a 100 per cent payout given the face value of Rs 2 per equity share.
The Innova Captab IPO is scheduled to list on December 29, 2023. It was sold from December 21–26, 2023, and raised Rs 570 crore. The shares were sold in the price band of Rs 426–448.
On December 29, the Indian equity market demonstrated resilience, closing the year on a positive note for the eighth consecutive time. This achievement is noteworthy given the array of challenges faced throughout the year, including escalating interest rates, bank collapses in the US, geopolitical tensions arising from ongoing wars, surging crude oil prices, and a deceleration in the Chinese economy, as per Mandar Bhojane Research Analyst, Choice Broking.
The Nifty index reached an all-time high at the 21,800 level, marking a significant milestone. The day commenced with a gap-up opening, and the Nifty sustained the 21,700 level, underscoring a robust momentum in the market. Overall, Nifty has exhibited a steadfast bullish trend, with immediate support levels identified at 21,700 and 21,600. Positional traders are advised to maintain their holdings in Nifty, with a recommended stop loss set at 21,500, as per Mandar Bhojane Equity Research Analyst Choice Broking.
Public sector OMCs, including BPCL, IOCL and HPCL revise their petrol price and diesel price daily in line with international benchmark prices and forex rates. Petrol and diesel prices remained stable today in major cities.
Rohit Sharma-led Team India will be playing against Temba Bavuma-led South Africa on the fourth day of the on-going Test series.