Produced by: Prashun Talukdar Designed by: Mohsin Shaikh
"Market is mired to a rangebound trend with the Nifty index not able to breach above the key level of 19,500. Mid- and small caps are back in favour after the recent fall due to retail activities and good corporate results," said Vinod Nair, Head of Research at Geojit Financial Services.
On the stock-specific front, Eicher Motors, M&M, ONGC, HAL, Dabur, IRFC, Navin Fluorine and some other counters will be in focus today.
Shares of Eicher Motors fell 0.22% to close at Rs 3,541.40 in the previous trading session. The company will announce its second-quarter earnings for the financial year 2023-24 (Q2 FY24) today.
Shares of Mahindra & Mahindra (M&M) jumped 4.43% to close at Rs 1,553.15. The company will announce its Q2 results too.
Oil and Natural Gas Corporation (ONGC) shares fell 1.43% to settle at Rs 192.65. The company is scheduled to declare its Q2 results today as well.
Shares of Hindustan Aeronautics Ltd (HAL) settled with 0.66% losses at Rs 2,030.20. The company will announce its second-quarter earnings too.
Stocks such as LIC, Hindalco, HUDCO (Housing & Urban Development Corporation), Biocon, Garden Reach Shipbuilders & Engineers and several other companies are scheduled to release their quarterly results today.
Shares of Allsec Technologies tanked 3.37% to close at Rs 664.55. The counter will turn ex-dividend today. Allsec Tech declared an interim dividend of Rs 30 per share.
Shares of Amara Raja Energy & Mobility fell 0.77% to settle at Rs 630.95. The stock will trade ex-dividend too. The company announced an interim dividend of Rs 4.80.
Shares of CARE Ratings shed 0.05% to close at Rs 852.75. The counter will turn ex-dividend today as well. CARE declared an interim dividend of Rs 7 per share.
Shares of Dabur India slipped 0.64% to close at Rs 535.80. The counter will also turn ex-dividend today. Dabur declared an interim dividend of Rs 2.75.
Shares of Navin Fluorine International edged 0.07% down to settle at Rs 3,599.60. The stock will trade ex-dividend too. The company announced an interim dividend of Rs 5 and special dividend of Rs 3.
Shares of Indian Railway Finance Corporation (IRFC) fell 1.18% to settle at Rs 74.66. The stock will also go ex-dividend today. The dividend amount is 80 paise.
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