ONGC(+3%), Cipla(-1%) and more
Market ends with minor gains after a range bound session.
ONGC(+3%) rose after the company declared an interim dividend of Rs 6.75 per share after Q2 results. Power Grid(+3%) rose after the announced to pay 50% interim dividend. ICICI Bank(+3%) rose after RBI picks the bank for CBDC project.
Nifty Bank(+1%) due to strong performance of HDFC, Axis and ICICI bank.
News of The Day
1. Sai Silks gets SEBI's nod to float IPO. The ethnic apparel retailer plans to raise Rs 1200 cr. ( Economic Times)
2.Global Spirits Ltd(-8%) plunged after the company's standalone profit declined by 57.84% ( to Rs 480 cr) in the September quarter.(Business Standard)
3. GMR Airports Infra (-3%) declined after the company posted a standalone comprehensive loss of Rs 546 cr in Q2.(Money Control)
4.Apollo Tyres(+4%) rose after the company reported a 12%( to Rs 195 cr) rise in consolidated net profits.(Mint)
5. Inox Green Energy IPO subscribed by 1.54% on final day. (Money Control)
Expert of The Day
$300 Bn Electronic Manufacturing Sector by 2026!
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