Stock Market News: Domestic equity indexes faced selling pressure on Wednesday, with the Nifty50 halting its 14-day winning streak amid weakness in financial, IT and metal stocks. Both the major indices ended down 0.3 per cent, with the Sensex dropping 202.8 points to end at 82,352.6 and the Nifty50 dropping 81.2 points to end at 25,198.7. As market participants prepare for the next session on Dalal Street, here are some stocks that are likely to be in the spotlight in Thursday’s trade.
board of directors
Matrimony’s board is scheduled to meet on Thursday to consider the share buyback proposal. The boards of Aditya Birla Fashions and Welspun Enterprises are also scheduled to meet on the same day to consider their respective fund-raising plans.
GIC’s offer for sale (OFS) will be offered to retail investors at Rs 395 per share.
Corporate Actions | Dividends, Stock Splits, etc.
Here are some stocks due to have their ex-dividend dates on Thursday.
| stock | the purpose |
| Arty Drug Co., Ltd. | Share buybacks |
| BLS International Services Co., Ltd. | Final Dividend – Rs. – 0.5000 |
| Gulf Oil Lubricants India Ltd. | Final Dividend – Rs. – 20.0000 |
| Heramba Industries Ltd. | Final Dividend – Rs 1.2500 |
| IRCON International Inc. | Final Dividend – Rs 1.3000 |
| Jay Bharat Maruti Ltd. | Final Dividend – Rs – 0.7000 |
| JBM Auto Co., Ltd. | Final Dividend – Rs 1.5000 |
| Jupiter Wagons Co., Ltd. | Final Dividend – Rs. – 0.3000 |
| NIIT Corporation | Final Dividend – Rs – 0.7500 |
| NIIT Learning Systems Co., Ltd. | Final Dividend – Rs 2.7500 |
| Oriental Trimex Co., Ltd. | Rights issue of shares |
| Prithvi Exchange (India) Ltd. | Final Dividend – Rs. – 0.5000 |
| Rhi Magnesita India Ltd | Final Dividend – Rs – 2.5000 |
| Sapphire Foods India Ltd. | Stock split from 10 rupees to 2 rupees |
| Chetron Corporation | Dividend – Rs – 1.0000 |
| Silver Touch Technologies Inc. | Final Dividend – Rs. – 0.5000 |
Other stocks in the news
Sapphire Foods shares are expected to trade at their post-split price on Thursday, while Artie Drugs shares will trade at their post-repurchase price.
Sona BLW Precision Forgings’ Qualified Institutional Share (QIP) issue has been listed in the market at Rs 699 per share.
NBCC India has signed a Memorandum of Understanding (MoU) with RITES.
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