Stock Market Today: The Singapore Exchange’s Nifty futures traded 35.5 points, or 0.20 percent, higher at 18,159.50, indicating that Dalal Street will have a good Monday. On the daily chart, a bearish candle with a long upper shadow formed as Nifty closed Friday’s session with a 1% loss. A shooting star pattern, which has negative ramifications, appeared on the weekly chart.
Oil prices inch up as recession fears begin to fade
As concerns about a U.S. recession that had driven prices down for three straight weeks for the first time since November started to fade, oil prices marginally increased in early Asian trade on Monday. Indian equity indices ended the day in the red on Friday due to a sell-off in HDFC twins, with the BSE Sensex plummeting 695 points or 1.13% and the NSE’s Nifty50 falling below 18,100.
Stock Market Today: Tokyo stocks open lower
After US equities sank for four sessions during the Japanese public holidays, they recovered on the strength of good jobs statistics and a recovery in regional bank shares. Tokyo stocks opened lower on Monday. The Dow had its largest one-day percentage increase since January 6 as U.S. markets rose on Friday. Shares of Apple rose more than 4% on positive earnings, while U.S. jobs statistics suggested a robust labour market.
Electronics sets record date for dividend
The dividend record date has been established by TVS Electronics’ board of directors. For the fiscal year ending March 31, 2023, TVS Electronics stated in a stock exchange filing that its board of directors has recommended a final dividend of Rs 2 per equity share with a face value of Rs 10 each. The dividend will be paid 30 days after the shareholders’ approval at the upcoming annual general meeting, which will take place on August 5, 2023. The record date for the dividend has been set as July 29, 2023.
Disclaimer: (This piece of information is purely informational. It is important to note that offers, discounts, and/ or any other scheme/ information/ statistics must be personally verified by the readers from the respective sources. Readers are advised to invest or purchase solely at their own risk. DNP News Network Private Limited, website or the writer doesn’t validate the offers in any context. We will not be liable for any financial or other losses.)
Keep watching our YouTube Channel ‘DNP INDIA’. Also, please subscribe and follow us on FACEBOOK, INSTAGRAM, and TWITTER.
